Quote:
Originally Posted by CaptainHaplo
OK - let me take issue here Takeda. The cost for the required insurance is $1895.00 a year per student. (source: http://studentaffairs.georgetown.edu...teraccept.html)
Most students are required to participate: (Source: http://studentaffairs.georgetown.edu/insurance/ )
It is added to their "student account" - you know the same "student account" where financial aid - such as FAFSA gained Pell Grants get deposited. Those are federal funds - paid for by the taxpayer. So are student loans - though they are (at least in theory) repayed. I found nothing on Georgetown's site that indicated that the insurance costs were defrayed using donor contributions. Could you show me where that is indicated?
Every piece of information shows that universities charge the student - and the student uses money in their "account" to pay such charges. Given that most students qualify for federal grants - again, paid for by taxpayers - the claim that health insurance for college students costs taxpayers "0.00" is inaccurate. |
Now that is a stretch, at best. As you noted, these loans are (again, theoretically) repaid. The money derived from Pell Grants is, at most, indirect.