Re: #5
Seems that those who complain about government financial aid for undergraduates (Pell grants, direct loans) should really focus on the much larger (relative to cost of attendance and graduates’ future pay levels) amounts that post-BA/BS professional school students can borrow. The argument that government financial aid allows or encourages colleges to increase tuition is hard to believe for undergraduates (since the amounts have not changed much while tuition has increased to a far greater extent), but is much more believable for post-BA/BS professional school.