House of Paine

BA fuckle part 4

private lenders,  issued $65 billion 
in  sudsidized student  loans last year ....





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yup we are subsidizing the privateers 
as they pump up the cost of higher Ed 

putting it further out of reach 

while public grants are falling 

and half of those who start college 
 do not graduate 

 today  Americans aged 25 to 34 
are less educated 
     than 45- to 54-year-olds 


and to get a hint at the   private 
      profit clover 

  when uncle makes
  loans directly 
 it costs  the government
 one-fifth as much as 
          thru  private subsidized loans
  

 switching  entirely 
   to the direct mode
  could save uncle  $60 billion
         over the next decade

 
 enough for almost 
a 50 percent increase
          in Pell Grant money