Mr. Twedt earns about $90,000 as a manager in an insurance office, and his children don’t qualify for federal aid. He estimated the set-aside program would cost his family about $20,000 through four years of college. He expects each of his children will graduate with about $25,000 in student loan debt.It is that juxtaposition of numbers that creates insight. The net of the existing system is that a middle class student has to take out a $20,000 loan to pay for the education of a poor student. Greater love has no man than to be compelled to pay for the education of his neighbor. Or something.
I don't think the current system is long for this world but who knows what quite will replace it.