A Reasoning of College Tuition and Interest Reduction

For many hundreds of years, a college education was seen as a luxury expense, held only for those of the richest, to continue on their tradition of a great wealth. As late as the 1930's, this sort of understanding was common. However, the late 1940's saw a new tradition, one of great importance to our current status as Americans: students began to, with greater frequency, gain a college degree.
A college degree has nearly always incurred a great debt, and it is understandable that it is an expensive proposition, and with inflation, it is understandable that this cost must grow. However, in a time of economic recession, greater unemployment, and families struggling to simply make it by, a college education will once again return us to the tradition of simply dismissing college, where our working class will once again be sentenced to a life devoid of greater knowledge, and work the only jobs which they can come across.
It is with a heavy heart that those of us as children of the working class, and those of us with parental guardianship over these children, watch Governor Nixon drastically increase the interest rate along with the tuition rate. We understand that a greater education is an important part to the lives we lead today, especially if we are to attempt to, and further regain our status as the great technology oriented research and development nation we once were. We likewise acknowledge that an institution cannot live off dreams alone, and that professors must be paid. However, when inflation weakens our dollars at the same time that tuition rates increase, compounding with the interest breaking through the roof, there must be a stopping point, before universities will instead lose money by the people who are willing to be taught to being unable to pay.
It is my proposal that interest rates must be capped, as well as tuition more carefully matching the current value of our yearly incomes. This must be done, for the sake of our future. While it is understandably difficult, as money is not simply a printed piece of cloth, but instead, an earned expression of your provided services, money must be found, and either via careful subsidization, incentives for students and parents, or greater work programs, students must be able to afford their chance at a better life.
If tuition is not held close to the working class, or if the interest rate becomes so great that a single lifetime of one person is not enough income to live carefully and pay back, then we risk slipping. We risk slipping into a time when we could not hold our own in the race of technology against other countries. A higher education is essential to continuing traditions started in the fifties: Going farther, and burning brighter, much like NASA has done since the sixties, and roared into the seventies.
It is time to go back, but only to when students could afford to go to college, and have it pay off for them over their life times. With high interest rates and massive tuition, we instead see it paying off only for the rich, and leaving the rest of our people to work hard hours for little to no payoff, back to a point where the poor covered a large amount, and simply living was a hardship.