03-02-2018, 11:54 PM
There is already some traction to cut student loans. First, with grad/professional student loans, then to reappropriate those funds to grants for undergraduates. Ultimately, to eliminate or severely limit the qualifications for undergraduate loans. The idea being, that the federal student loan limits is artificially influencing the tuition charged by schools. The tuition rates continue to rise to meet the amount of money the average student is allowed to borrow.