The Pope Center for Higher Education Policy wants to know what students think about federal student loans and whether they should end:
Federal student loans appeared to be a success for decades, as a steadily increasing percentage of high school grads went on to college, many of them paying a large part of their expenses with loan dollars. What was not so apparent was the connection between rising tuition and the availability of federal loans.
Another unintended consequence of federal student aid was falling academic standards in college, a result of the fact that the surge of college enrollments came increasingly from weak students. To keep them enrolled, many schools let the curriculum erode and grades to inflate.
Today, more students than ever are in default on their loans; many others struggle to make their payments from low earnings in jobs that call for no advanced study. Are we at the point where we should pull the plug on federal student loans?
What do you think? Take the poll and leave comments.
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