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Discussion and Debate
Discussion and Debate
Politics
American Politics
Who are the GREEDY?
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<blockquote data-quote="morningstar2651" data-source="post: 68417689" data-attributes="member: 93656"><p>I think this number might be a bit exaggerated. If we want to get into a discussion of tuition rates and federal funding of education, and federal and private education loan industry it's an entirely different yet related set of topics.</p><p></p><p>The average undergraduate student with the median household income attending Johns Hopkins (one of the best medical schools in the country) covers 68% ($35,053) of their tuition in grants and scholarships, 13% ($6,817) of their tuition in loans from the federal government, and 19% ($9,608) of their tuition out of pocket (which includes loans from banks). About 80% of their expenses are handled by other people, with a good chunk of that financial aid coming from the federal government.</p></blockquote><p></p>
[QUOTE="morningstar2651, post: 68417689, member: 93656"] I think this number might be a bit exaggerated. If we want to get into a discussion of tuition rates and federal funding of education, and federal and private education loan industry it's an entirely different yet related set of topics. The average undergraduate student with the median household income attending Johns Hopkins (one of the best medical schools in the country) covers 68% ($35,053) of their tuition in grants and scholarships, 13% ($6,817) of their tuition in loans from the federal government, and 19% ($9,608) of their tuition out of pocket (which includes loans from banks). About 80% of their expenses are handled by other people, with a good chunk of that financial aid coming from the federal government. [/QUOTE]
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Who are the GREEDY?
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