From: utzoo!decvax!harpo!npoiv!alice!rabbit!jj
Newsgroups: net.followup
Title: Re: How can they do this
Article-I.D.: rabbit.840
Posted: Tue Oct 26 14:34:52 1982
Received: Wed Oct 27 08:52:32 1982
References: vax1.231

	 Well, sir, I can see that you were spared the difficulty of working
your way through school, or at least if you weren't, you did it at a time when
jobs were readily available, and with a job that was reasonably good.
	I think that you are completely wrong on several points.
The assertions that:

	1).  Persons of merit will get (enough) scholarship help,
	2).  Banks like to loan to engineers,
	and
	3).  People who "deserve" to get into college will manage to pay,

completely ignore what goes on in the real world every day.  

Schollarship help is in such demand that nobody gets enough.  Some people
manage to survive, indeed, but most do not.  Just look at some statistics from
a typical private school, and find out how many students that are on 
schollarships and work study manage to find enough time to study between classes
and work.

Banks very much dislike to loan money to college students, partly because
of the lower interest rate for the 'guaranteed' loans, and partly becuase
of the enormous default rate for the non-guaranteed loans.  That banks do
loan money at all is due to the government's insistance and guaranteeing of
the notes, and to community pressure, in smaller towns.(No, I joke NOT.)
School loans absolutely reek, from the bank's viewpoint.

As for the third statement, look around you.

While colleges are indeed having trouble finding 'qualified' students
in some areas, they do not, and you should ask your own alma-mater, have
enough money to aid every deserving person that they know about.
I got through college on 50% scholarship, 30% loan, and 20% work/going without.
I would never do it again, mostly because I wouldn't survive it physically
a second time.  I have my ulcer healed and my blood pressure mostly controlled.
Compared to the people I know who went the same path, I'm lucky.  

As far as people having a "right" to go to college, the idea is ridiculous.
There we agree completely. 
Of course, if you want anyone to run the world through your old age...

don't write me
rabbit!jj
Good night!  I quit this discussion.