Reply #4: Yes but should the federal government

[exboyfil]

be put on the hook for your $30K/yr education? Actually I am alarmed at the easy out forgiveness that currently exists. For those going into public sector employment, it does not matter whether you borrow $30K or $100K - the amount of the payback will be the same.

The sticker price at Harvard is not what is paid. If your family is low income and you can get the grades to get into Harvard, they will work with you the actual cost.

Families up to $60K - 0 contribution
Families from $60K-$180K - 10% of their income
If the 10% number is correct, it would actually be cheaper to go to Harvard than our state school for my kids (and that is only tuition).