As far as I’m concerned, the absolutely best ways to pay for college is through grants and scholarships. With grants and scholarships, the student is receiving free money that does not ever have to be paid back. Student loans are nice to be able to fall back on if you can’t get enough grants and scholarships to pay the way, but student loans are difficult to repay. There has been a lot of discussion in the news about how one good way to stimulate the economy would be to forgive all of the student loans that are out there.
To be perfectly honest, I believe that all college education should be free – most of the young adults that graduate high school are ill prepared to survive in the real world. The public schools are supposed to be preparing the students to enter the work force, but that simply is not happening. One of the biggest reasons for that is the work force has become technologically more sophisticated than the public education budget can keep up with. I think that the large corporations that get such large tax breaks for being located in an area should consider finding a way to help to repay the community for those tax breaks by providing free training to the community so that the residents of the community will REALLY benefit from their presence.