Quote:
Originally posted by Not Me
But if they use student fees to fund it and if at least some of those student fees were paid with federal student loan funds, wouldn't that count as your tax dollars?
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It's a
loan, which is distinct from a grant, so now you're talking about the amount of subsidy on the interest rate, which is pretty low, given that the riskiness of the loans is pretty low (not dischargeable, right?). And even that assumes that the marginal student fees are paid for by loans. Usually loans go up to a certain amount, and the student has to supply the last few bucks, through work or otherwise.
