Oh, only people below a certain income are eligible?
So the people not producing much for the nation are the folks most eligible? What kind of logic is that? Free up the dollars for the people who are making money from their educations.
Just tie each university's eligibility for student aid to the default rate of their graduates. That will make universities cranking out baristas ineligible for student aid.
Not graduates, but to job placement and make that job placement be "2 years of continued employment post-graduation."
Or do a mixture of both your idea and mine.
Thoughts?
Unis would just make all the courses easy (they have done this already at some community colleges) to get their graduation rates up. Saw that happening when I went to college (I'm not a kid but I'm likely younger than most, here).
The default rate means the number who aren't paying their loans. If it's above some level you disqualify that school's students from being eligible for student loans.
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