The Democrats want to fund the rate subsidy by taxing wealthy individuals on their SS, eliminating the ceiling and the GOP want to fund it by money set aside for the National Health Care Preventative Health Care portion.
Student Loan Interest Rates the new Hot Potato
by designs 5 Replies latest social current
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BizzyBee
National Health Care Preventative Health Care provides for, among other things: women not being penalized with higher insurance premiums than men's, contraception, mammograms, pap smears, new baby care and well-child visits, etc.
"The myth is there is a Republican war on women. There's not a Republican war on women."
~Michelle Bachmann
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JeffT
The real hot potato on this one is the fact that kids are coming out of college with enough debt to buy a house and can't find jobs that justify that debt. All we're doing with the college loan program is turning the future earnings of students into the current earnings of college professors and administrators. The highest paid public official in the state of Washington is the President of UW.
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Berengaria
All we're doing with the college loan program is turning the future earnings of students into the current earnings of college professors and administrators.
Yea, you should tell those kids not to waste their time going to school. -
botchtowersociety
The real hot potato on this one is the fact that kids are coming out of college with enough debt to buy a house and can't find jobs that justify that debt. All we're doing with the college loan program is turning the future earnings of students into the current earnings of college professors and administrators. The highest paid public official in the state of Washington is the President of UW.
We're suffering the results of a housing bubble caused by lax credit and artificially-low interest rates.
The inefficiency and expense of higher ed has outstripped inflation. It is even growing faster than health care costs. It is a bubble.
The same morons that caused the last bubble are inflating a bubble in higher ed finance. Student loans have now surpassed credit cards and auto loans in total size.
Plus, unlike home mortgages or other forms of debt, this is a debt you can't discharge through bankruptcy. We've created a generation of debt slaves.
Truly, we never learn.
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Berengaria
We're suffering the results of a housing bubble caused by lax credit and artificially-low interest rates.
Truly, we never learn.
Well you certainly don't.
