Congress gives the big <F> to students

[BluKitty]

We who do not learn from history are doomed to repeat it .....

we are going to become ignorant and lazy and stupid... with maybe an elite upper-educated class.... but we won't compete with the rest of the planet.  

This is lead in our water.  Don't let Rome burn.

[cpxxx]

One of the key uses of taxpayers money is education. Education always pays for itself in producing people who go on to be big taxpayers and who as often as not can afford to send their children to college without bothering the government.

A student loan is not charity. It's a loan to be repaid and used again and again for the benefit of future students from less well off backgrounds.

The more difficult you make it for people from a poorer background to get to college. The more likely you will end up with an big underclass of ill educated people resentful of those who had all the breaks.  Worst of all these people will be paying less taxes simply because they are poorer and for more likely to end up as a burden on the taxpayers.

Not everyone should go to college but those who benefit from it should have the option.

[Krusher]

Originally posted by cpxxx
One of the key uses of taxpayers money is education. Education always pays for itself in producing people who go on to be big taxpayers and who as often as not can afford to send their children to college without bothering the government.

A student loan is not charity. It's a loan to be repaid and used again and again for the benefit of future students from less well off backgrounds.

The more difficult you make it for people from a poorer background to get to college. The more likely you will end up with an big underclass of ill educated people resentful of those who had all the breaks.  Worst of all these people will be paying less taxes simply because they are poorer and for more likely to end up as a burden on the taxpayers.

Not everyone should go to college but those who benefit from it should have the option.

Its not a big deal, for the most part they are only asking that they pay their loan at a higher intrest rate. So you can still go to school but after you get that high dollar education you pay for it.. what a concept !

Quote:
Most federal student loans will be impacted by the interest rate changes. Stafford loans will move to a fixed 6.8% interest rate

[Urchin]

Originally posted by cpxxx

The more difficult you make it for people from a poorer background to get to college. The more likely you will end up with an big underclass of ill educated people resentful of those who had all the breaks.  Worst of all these people will be paying less taxes simply because they are poorer and for more likely to end up as a burden on the taxpayers.

Not everyone should go to college but those who benefit from it should have the option.

That isn't a bad thing though, the USA is going to *need* a large underclass of ill educated people to "compete" in the world economy and make the well-educated (probably overseas in a few years) elite more money.

Remember, we are competing with a world who thinks $2 a day is a LOT of money.  How many Mexicans squeeze into a one bedroom apartment now?  

Double that, and you'll have the American "standard of living" in 20 years.

[AWMac]

Ya know there IS away around this....?


Make your children study! Study harder than the next kid...Not beginning in the 11th or 12th grade.  Ride them hard on education early.

Reach for that goal Full Scholarship !

Do a Google on Scholarships....you would be surprised.

Unless you would rather have your children flippin burgers or calling out "Price Check".

I Blame the Parents!

Mac