Are the days gone when we could actually put in place a program that would combine grants and loans based on need and grades so that every student in this country who wanted to go to university could access a grant and loan program? I hark back to the days when I went to university, so you're looking at more than 30 years ago, I know, but it was relatively easy to get a grant based on grades and income and relatively easy to get a low-cost loan so that we could pay it back right away. And these days you hear of students who are in dept for another 30 years. Is that beyond the reach of today's society, or could we actually achieve it?
On October 17th, 2006. See this statement in context.