How come when you go to apply for Financial Aid they always let you down? This year more then thousands of students were turn down or couldn't receive Financial Aid. Students were left to turn to other source of financial support to help them attend college. Whether it is a part-time or full-time job, or whether you’re stripping and sliding down a brass pole. We as college student are forced everyday to do thing that we will regret in the near future, but we do it to survive in this place we call society our home. So students out there cross the country, over seas, down under, and up above in Canada. We have to push ourselves and apply for these scholarships, and find those grants. We have to get this money so we are not force to break our back and expose ourselves for a little money to support our investment in our education. So we can have that nice car, or buy that million dollar dream home, and even just to support you dear loving family. Yes, life is hard and we our not asking for any handouts or favors of sympathy, but we would life to see some consideration towards or persistence of our education and the build block of our goals, which determine our near future life and destiny.
Financial Aid
By Omar_i09 - Posted on September 1st, 2009
Nice blog. Very positive in the face of a tough situation. It probably does not seem that way to you but finding ways to pay for college has always been tough and placed huge financial strains on families throughout history. Higher education is expensive.
The problem with financial aid, particularly when it comes from the government is that colleges know how much the government is making available and when the government makes more available the colleges simply raise tuition to transfer that additional money into their coffers. Nothing get any easier.
Colleges are businesses that have amoong other things, the objective of maximizing their profits. They know that they are selling a product that parents are willing to severely strain themselves financially to provide for their children and also that children believe they must have this product to enjoy a decent life. This puts them in the position of being able to demand a premium price for their product.
They design their tuition and financial aid structures to wring as much money out of each family as they can. They set base tuition very high so that when a rich family comes a long they don't leave any money on the table. When slightly less rich students come along, they use financial aid to adjust the cost down slightly while still wringing as much money out of that family as possible.
When the government offers financial aid like Pell Grants, the educational institutions don't see this as money that is designed to make your life easier. They see it as simply money that they want in their coffers while they STILL wring the absolute maximum amount of money out of you and your family as they possibly can. If you were barely scraping by and managing to pay tuition with a Pell Grant of $2500 and the government suddenly raises Pell Grants to $2800, you can bet that tuition will shortly jump by $300. Nothing gets easier.
Government sponsored financial aid is an illusion. It is essentially corporate welfare for educational institutions but it does little or nothing for students except provide the illusion that their government is helping them.