“I blame ignorance in my pursuit of loans; my high school did a terrible job explaining our options when it came to financial aid,” he told us. “They made it … Nearly eight million students received Pell grants in 2010, costing $28 billion. In addition … The president, by way of administrative fiat, plans to continue redefining the federal student-loan industry, making taxpayers absorb the financial risks of federal direct lending and leading the country over a cliff into future funding shortfalls. …

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What causes tuition to be so high? Who is going to get stuck with the …