In the Two Decades Following 1990, Subsidized Federal Loans Per

Multiple Choice

In the two decades following 1990, subsidized federal loans per full-time student more than tripled. Economic analysis indicates that this expansion in subsidies

A) reduced the cost of a college education for all students.
B) increased the cost of a college education for all students.
C) reduced the net cost of a college education for students receiving the subsidies, but increased the cost of college for other students.
D) increased the net cost of a college education for those receiving the subsidies, but reduced the cost of college for other students.