Nobody gets a full ride from the Feds. The maximum Pell Grant this year is
$5530. Other federal aid is in the form of work-study or loans -- stuff
that the student has to work for or pay off later. The state money is
replaced by payments from the students and families (including work-study)
or
Its all pretty obvious.
Federal government establishes federally funded financial aid to help
those in need.
State governments cut funding to universities, so universities are
forced to raise tuition
and get more of their finances from the federal financial aid programs.
Lets say a ficticious
