Entitlements

You're damned right:

The Senate voted Friday to increase college financial aid by cutting roughly $20 billion in government subsidies to banks and giving it to students.

The bill would boost the maximum Pell grant, which goes to the poorest college students, from $4,310 to $5,400 by 2012.

The vote was 79-12.

The House is expected to vote on the bill later Friday and the president is expected to sign the legislation soon.

The bill would cut interest rates on federally backed student loans to poor and middle-class students from 6.8 percent to 3.4 percent over the next four years.

That's a good start. Now let's keep going until college is free for everyone. You know, like investing in our children so they produce a greater return (in wall st. terms). Why we were subsidizing a business is beyond me. Just help kids go to college!