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Many Community Colleges Opt Out of Loan Program</p>
<p>About a quarter of Americas community colleges dont participate in the federal student loan program, leaving more than a million or about 10 percent of community college students without access to the lower- and fixed-interest loans, according to a report released today by the Project on Student Debt. Students at these colleges, the report argues, must resort to riskier forms of debt.
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<p>Many students- don't have the grades or the money to attend 4 year colleges.</p>
<p>I am attending a community college- for the program- but also many years ago, I was not offered courses that are required for admittance to state 4 year colleges ( foreign language)- I am also having to take out an unsubsidized Stafford loan to pay for my expenses, since we can't do it out of income.
I'm not thrilled about it being unsubsidized, but it's a lot better than having to take out a private loan.</p>
<p>We need to keep schools affordable so we can broaden the opportunities for students- not everyone is worrying about how they are going to pay for Bucknell.</p>
<p>interesting -- I attended three different community colleges on my quest for a 4 year degree (almost there!) and the federal loan program was available at all of them.</p>
<p>"We need to keep schools affordable so we can broaden the opportunities for students- not everyone is worrying about how they are going to pay for Bucknell."</p>
<p>I agree with this statement 1000%. The changes in financial aid policies by our most selective schools make for good PR and are nice for the very small number of students who are able to attend those schools, but the idea that these changes make a significant contribution to any important social policy is pure crap. If Harvard et al. really want improve social mobility, instead of making attendance cheaper for students with six figure income, they would continue to charge near full freight to those students and then take the additional funds and sponsor truly disadvantaged children at community colleges and less prestigious state schools.</p>