[oldplayer]

” . . . how much outright fraud is in this system.”

Ya’ think? Ex. A: “Your Honor, I will be able to post bail and hire my own attorney once my Pell Grant and student loans hit my bursar’s account.”

The taxpayers NEVER signed on for uses of loans like that.

[AndyJackson]

That misses the whole point. The huge fraud is the support of the deep administrative state at Universities paid for by excessive tuition, paid for by loans. It is a massive operation.

The cost of classrooms and professors' salaries is a fraction of the cost of running one of these huge universities these days. They do it because they can.