Piles and piles of government money and an abundance of easy to borrow money leads to exorbitant tuition rates. Nobody can afford to work their way through school anymore, and it is because of government interference to make college more "accessible". My wife is graduating nursing school with $50k in student loans! Nursing school! Schools are no longer competing to give the best education at the best price, they are competing for bigger shares of the government grant money and jacking up prices to keep up with each other's jacking up prices. I'd rather have affordable college than affordable loans.
Cutting funding for Pell grants and raising the interest rate on school loans will not help with educating our citizens. Not everyone can ask their parents for money out of their 100 million dollar trust fund.