Re: Shameful Student loan Standoff
posted at 7/8/2013 8:43 AM EDT
In response to Hansoribrother's comment:
In response to andiejen's comment:
In a bipartisan act of calculated inaction and willful indifference, the Democrats and Republicans who run Congress passively allowed a key student loan interest rate for low- and middle income students to double.
This would require low- and moderate income students to pay 6.8 percent interest rates at a time when folks with excellent jobs and excellent credit are getting mortgages for, say, 3.9 percent and buying a new car with a zero percent loan.
Also at a time when tuition costs are soaring and families are scrimping so their children will be able to go to college.
You complain about the pimple on an elephant's a55.
The real problem is the cost of tuition, fees and other charges, not the % on the loan you have to take to pay for it
But education is the refuge of liberals that can't do anything so they teach instead. The government money thrown at it only gives them the excuse to ignore their business, raise tuitions and fees to suit their fancy, vote Democrat, support the librul agenda and complain that is it the fault of mean conservatives.
And the problem goes on as the focus is on the interest rate for the loan, not the reason they need the loan in the first place.
Well, maybe for Democrats and libruls, the high cost of tuition isn't really a problem, it's a political slush fund - government money going to the Democrat Party, laundered by big education.
In other words, "Those who cannot do, teach".
Well, who is going to teach in the STEM areas? A liberal arts major?
Those STEM teachers take a salary hit to teach versus working in the private sector.
Two different discussions. Why has tuition, etc., sky-rocketed and what can we do about it?
Second, what can we do right know it terms of helping finance the cost of higher education?
Some think that Wall Street, who is doing quite fine, is one place to go to look for funds...some sort of tax on sales for example.
Now of course a certain amount of posters will jump on me for bringing up that idea. Not a new idea...just maybe time we discussed it.