Quote:I'd actually be OK with some form of needs based Fed funded "forgivable" loan program.  

This is loosely based on some of the results oriented recruiting packages I've used in the financial services industry.  

Assuming the student gets accepted to a university on their own merit (HS GPA, qualifying ACT/SAT scores...), a portion or all of the loans would be forgiven  based on the students performance. 100% forgiveness for each A, 75% for [BAD WORD REMOVED], 50% for Cs... Ds & Fs must be repaid in full.

It won't matter if a kid gets accepted to an $50K/yr Ivy, or barely qualifies for $2k/yr East Jabip comm college.  If they have the ability and do their part, they'll have the same opportunity for scholastic success as anyone else.   

 

the bad word removed was Bees, lol.