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Congress May Cut $12.7 Billion in Student Loan Aid

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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 01:20 PM
Original message
Congress May Cut $12.7 Billion in Student Loan Aid

http://www.wesh.com/news/6590520/detail.html

Congress May Cut $12.7 Billion in Student Loan Aid


TALLAHASSEE, Fla. -- Florida students could have to pay $1,663 more in college loans if Congress passes a measure Wednesday to cut spending, according to a new report released Monday by the research arm of the Campaign for America's Future.

...

"This bill will make it harder for students from working families to go to college," said Borosage. "This measure makes deep and harmful cuts to student loans that will not even pay for the new tax breaks planned for the wealthy."

The legislation, pushed by the White House and congressional Republican leaders, imposes the largest cuts in student loan programs ever.

...

During a question-and-answer session with students at Kansas State University, sophomore Tiffany Cooper asked President George W. Bush how $12.7 billion in recently proposed student loan cuts would help her future. Bush said he preferred to call it "reform" of the student loan program and inaccurately said that reduction in costs would not affect students.



* not tell the truth? I am shocked :sarcasm:
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 01:22 PM
Response to Original message
1. I recall that. Jr did not seem to know anything about this issue.
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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 01:25 PM
Response to Reply #1
3. he looked like a fool fumbling and bumbling trying to answer the q
which he actually didn't...
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 01:27 PM
Response to Reply #3
6. i was surprized his handlers allowed that--given he was on a campus
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Endangered Specie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 01:23 PM
Response to Original message
2. Can we arrange it so that students who voted Republican...
get their aid cut?
.
.
.
.
Didn't think so. :grr:
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lakeguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 01:32 PM
Response to Reply #2
8. good suggestion! nt
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barb162 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 02:19 PM
Response to Reply #2
11. Republican students are rich enough not to need aid?
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 01:25 PM
Response to Original message
4. time for campuses to take note!
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 01:26 PM
Response to Original message
5. another example of Edwards "Two America's"
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wtbymark Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 01:31 PM
Response to Original message
7. They don't want people to attend college anymore
keep them dumb in low paying jobs. They don't want to educate them because the 'lower' class might realize they're getting screwed. Dumb and Propogandized, they like it that way.
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MountainLaurel Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 01:38 PM
Response to Reply #7
9. Nah, want them to become cannon fodder
For our conquest of the Middle East.
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OneBlueSky Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 02:16 PM
Response to Original message
10. they piss that much away in Iraq in a month . . .
just how stupid are these people? . . . a highly educated citizenry is absolutely essential to saving this nation's collective ass, and they choose to cut college loans while paying upteen billions to blow up Iraqis . . . and piss umpteen billions more away on "reconstruction" contracts to Halliburton and Bechtel that reconstruct absolutely nothing . . . unbelievable . . .
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dusmcj Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 02:22 PM
Response to Original message
12. an educated young generation is a threat to fascist control
the movement against the war in Vietnam, as well as the wider counterculture, proved that. They shone klieg lights on the emperor's nudity. Since conservatives are shame-based reasoners, they didn't appreciate the experience. Watergate, the Nixon resignation, and the thumbing of noses at the privileges of worldly rank are their "never forgive/never forget" experience.
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TexasLawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 02:31 PM
Response to Original message
13. Absolutely sickening
There goes our future!
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 02:38 PM
Response to Original message
14. less learning more earning kids!
I give up.
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prolesunited Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 02:47 PM
Response to Original message
15. With every move they make
they show what they think of anyone not born into wealth. When will Americans wake up?

Every bit of progress that has been made toward limiting class inequities are being stripped away.

I can just see people standing around five years from now say, "Huh, what just happened?"
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catmandu57 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:02 PM
Response to Original message
16. Economic draft
If you can't go to school, and you can't find a job, that doesn't leave too many options. The reptiles don't like any one smarter than they are, they don't like anyone who wasn't born to privilege. I hope I'm around when all this shit blows up in their ugly faces.
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:05 PM
Response to Original message
17. We have an illiterate, college bought, idiot running the country.
The rest of them are just evil and hate commoners. Fucking 'royalty'. :eyes:
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kurth Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:06 PM
Response to Original message
18. We need them to go to Iraq AND Iran - not to go to college!!!
A little education is a dangerous thing. It's like putting a Harvard MBA on a chimp.
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:11 PM
Response to Original message
19. How special..
We lag behind most countires, and we are cutting education opportunities. I guess we don;t need too many educated serfs, now do we?
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ogradda Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:12 PM
Response to Original message
20. He flees the truth like the plague.
Satan may be the father of lies, but * has to be an exceedingly close relation.
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young_at_heart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:34 PM
Response to Original message
21. Whatever happened to "No child left behind"?
I guess he means only the children with money.
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:38 PM
Response to Reply #21
22. It's still in place, ruining public school districts all over the country.
Edited on Mon Jan-30-06 03:38 PM by Rex
Bush wants to privatize public school systems SO BAD, they can just taste the billions to be made in screwing poor children out of an education. Keeping the poor in their place - No Child Left Behind Act.
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Orion The Hunter Donating Member (322 posts) Send PM | Profile | Ignore Mon Jan-30-06 04:40 PM
Response to Original message
23. Well I guess the President meant...
...it won't affect affluent students who don't need student loans...?
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DBoon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 08:07 PM
Response to Original message
24. slaves don't need education
nt
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Fire Walk With Me Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 08:10 PM
Response to Original message
25. Mmmm, more cheap labor in the marketplace.
A glut of cheap workers is good news for business.

Then again, the jobs are still migrating, so this is probably just a further intentional stab at the divide between the rich and the poor.

I remember when Reagan trashed the Pell grant. Lots of laffs, there.
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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 09:16 PM
Response to Original message
26. Halliburton executives have to feed their families
It's "hard work" for Bush cronies to get by on billions of dollars of our tax money.
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Vogon_Glory Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-31-06 08:26 AM
Response to Original message
27. The Slackers Get To Reap The Whirlwind
Edited on Tue Jan-31-06 08:29 AM by VogonGlory
Although I'm still seething at the antics of the regime holding my state and the US by the throat, I'm also seeing the student loan cuts as the slackers reaping the whirlwind. A lot of effort went into registering college students during the last election campaign, but when Election Day 2004 came around, the little dears didn't bother to vote.

Well, kids, it's like this--actions have consequences. You sat on your haunches when it counted and there are consequences. You didn't bother to vote and the Republicans returned to power again, and they have good reason to believe that you are apathetic, pathetic, and won't lift a finger to stop their agenda. QED. The student loan cuts are just one set of many consequences coming at ya.

So tell me, kiddies, do you feel a draft?
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-31-06 08:34 AM
Response to Original message
28. "inaccurately...."
The piece of sociopathic trash lied to another young girl about her college aid- just like he did during the debates. Out and out lied right to her face. And the equally repulsive garbage that passes for "mainstream media" says nothing.
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Tracer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-31-06 08:59 AM
Response to Reply #28
29. A reply from Margaret Spellings:
(this was a letter to the editor in this morning's paper version of Boston Globe. I don't have a link. I also don't know how to rebut her statements).


-----... I want to sent the record straight on a recent charge that the federal government is getting ready to short-shange the student loan program by $12.7 billion ('Bush's education gap,' op-ed, Jan. 25) .... "It's just plain wrong. In fact, the opposite is true ....This year the Department of Education will make or guarantee more than $60 billion in new student loans, a $4 billion increase over last year. In total for 2006, the Department of Education expects to ake available more than $77 billion in federal student aid grants and loans to more than 10 million students"

Some help needed here.
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