Are you sure you want to delete this post?
I'm not sure I follow you at all here. Where did you get that $75,000 a year is the new poverty level? Out of thin air??
There are also plenty of programs out there for people who took out student loans to defer them for a certain amount of time or place their payments on hold if they lose their job.
The right hasn't cut spending at all. What the right has done is cut the federal tax rate. The spending is still there, but it's just on the credit card now.
This is a complicated subject and college is expensive for a variety of reasons. States are cutting back their investments in state universities, which in turn drives the cost of tuition up. Students want their college to be like a resort with the best housing, food, and amenities that one can imagine, which also drives the cost of college up. Professors don't work for free and they also need cutting edge technologies to be able to continue moving us into the 21st Century, which also drives the cost of college up.
It's not as simple as blaming Wall Street.
I would love nothing more than shifting some of the money we spend on 'defense' to education, but we have to elect politicians who are willing to do that.