Letter: System is a gateway to debt - East Valley Tribune: Opinion

Letter: System is a gateway to debt

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Posted: Wednesday, April 4, 2012 5:51 am

Richard Carmona (“Politicized attacks on Pell Grants misguided,” EVT 3/30) is right that a good education opens doors. What he fails to grasp is that incurring massive debt in exchange for an unmarketable degree often slams shut the door of opportunity. For many students, Pell Grants have simply been a gateway drug to a mountain of debt. As Carmona points out, Pell Grants cover less than a third of the cost of tuition, with the remainder often covered by government-subsidized loans. Mr. Carmona omits mention of loans entirely. Perhaps because it would complicate his partisan hit on Congressman Jeff Flake, whose comments about the government driving tuition inflation were clearly addressing the entire massive array of federal subsidies. Total student debt, much of which is subsidized by the government, recently topped one trillion dollars! If you think all that cash hasn’t led to inflation, then you may have a degree, but you missed the education.

Ross Groen

Tempe

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