I hated being broke all the time in college. Many people I know have said it was those unifying details that made our experiences so similar. It wasn't at all true, but it is a nice notion. A lot of college students played poor, (simulated poverty, driving a Mercedes-Benz) but it wasn't the same as actually being impoverished. Very few were actually threatened with their classes being cancelled, but they got better financial aid coverage than I did.
The deciding factor: they lied better than I did, (or their parents lied better than mine). Now after college, I've paid almost nothing back in my student loans, and the accrued interest is staggering. Former peers in school have held jobs in their intended field, and others had help from their parents after the fact, proving they had more means than admitted previously.
This fact is, I'm told, one of the primary reasons that federal grants and the loan programs are so poorly managed. An overall lack of funds. My argument remains that despite this we are indisputably the wealthiest nation on the planet. Students should be able to attend school for free (no hassles while going) and members of the armed forces should get a full expenses paid-deal, (like athletic scholarship students enjoy today.) Everyone should have automatic healthcare at least until age 21, or until graduation.
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