Marquette University accused of pushing lower-income families toward risky loans

[Macallan 18]

https://www.wpr.org/news/marquette-university-accused-push-lower-income-families-risky-loans-student-debt

Marquette was one of 41 colleges named in a report by the progressive think tank New America, which alleges the schools encourage low-income families to take out Parent PLUS loans while at the same time offering financial aid to upper-income students.

Peter Granville, a fellow at the Century Foundation who studies college affordability, said the study sheds light on the important issue of how families pay for college and how colleges decide who gets financial help.

"This report argues that Marquette could have given families more grant aid, which would reduce their need for Parent PLUS loans. But the school didn't," Granville said. "One-third of Marquette Parent PLUS recipients also received the Pell Grant, which means their incomes are lower than average."

[#UnleashJosh]

Good old pell grant. Went to state school for free. Enjoy those loans losers!

[Skatastrophy]

Yeah poor people get crappy loan terms. That's how capitalism works, it's cheap and easy to get money if you don't need it.