Whatever you want to call it - they are likely going to lean the exact opposite direction of your influence. LOL. That's also just reality, I wasn't attempting to place a "right" or "wrong" on it.
I agree totally. Colleges are raising tuition for one simple reason. The individual is not actually paying, and they know it. They know the gov't will hand out the money. And Bernie Sanders wants free tuition. Yeah, ok.
But the individuals are paying, that's the point of this story. Sure, they might not be paying right at the moment, but they are paying, and because of all the penalties and such for missing payments, they're paying well more than they borrowed. I'm not sure what my total will be in the end but I borrowed $30K and I'm guessing it'll end up being closer to $35K by the time it's all paid (I'm not griping, my personal situation is very manageable, but I'm luckier than a lot of people)
It's more or less a predatory lending practice considering the target audience are an age group that largely speaking hasn't yet learned financial wisdom. Other countries teach kids about personal finance in high school, we don't.