I suppose if one has a bit of money these changes don't amount to a whole hell of a lot but if you don't have much these changes are significant.
Under a law passed by Congress this summer, graduate studentswill be required to pay more for loans beginning in July. Graduate students also will lose rebates for on-time payment ofloans as part of changes that are expected to save the federalgovernment $21.6 billion over the next 10 years.The new law eliminates the graduate student loan interestsubsidy. That means that interest will keep accruing while studentsare still in school. Students will start owing interest immediately on loans issuedafter July 1. Students can still defer payment on the loans untilafter graduation.
Can we stop forcing all students to take academic courses that will serve no purpose now that 3/4 of them won't be able to afford college anyway? And let them take what they love: art, auto shop, woodworking, literature, home ec even. The EdBiz is nothing but a big, twisted mess (I worked there for 19 years). I would like to see a 100% tax rebate for parents who homeschool their kids, or a credit those kids could apply to higher education.
ReplyDeleteThe greedmeisters have no place in the educational system and must be driven out. Obama's not the man for that job, but we'd better figure out who is.
ReplyDeleteBoth of you are correct and we know the answers to many of our problems and they can be fixed if correct decisions are made.
ReplyDeleteNot in this toxic atmosphere. They say a third party is not viable. I'd like to make that decision for myself rather than let a DC bastard whore decide that for me.