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Author Topic: Proposal May End Fixed-Rate Student Loans  (Read 1839 times)

dsong02

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Re: Proposal May End Fixed-Rate Student Loans
« Reply #10 on: June 07, 2004, 12:14:51 PM »
I don't think that is quite true.  It sounds like rhetoric.  For example what does paid for mean?  Some schools do not charge tuition for in-state students, but there are hefty fees that come very close to the amount you'd expect for tuition.

And then there's the Tennessee B.S.  They started a lottery to provide 3,000.00 scholarships to in-state students, but then they've raised the tuition every year


I have a friend that has a cousin that lives in in Georgia and according to him, if you live in Georgia...your college is paid for.  That's an idea I think that every college could adopt...if they wanted to.  But, the financial institutions that have this country by the balls would lose billions in lost loans...so I don't see free college ever happening.  :(

According to him, his tuition was paid for.  He could go to school full time and only pay fees.  The hourly rate was paid for if you were a Georgia resident for at least 1 year or something like that.

weird...i used to live in ga until my jr year of hs...and i never heard of that.  all instate schools in ga charge instate tuition.  it might be very small, but its comparable to other instate tuitions from other states.
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buddha

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Re: Proposal May End Fixed-Rate Student Loans
« Reply #11 on: June 07, 2004, 12:19:27 PM »
Here's the deal on Georgia.  We have a program called Hope that uses lottery funds to help fund college and pre-k.  But as they say here's the rub.  In order to get Hope you must accept other FinAid that's offered to you first, including student loans.  And of course Hope is not for Grad school. 
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