Students to Bear Big Burden Under the Final Budget Bill

G2099

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Sun Dec-25-05 04:57 PM
Original message

Students to Bear Big Burden Under the Final Budget Bill

WASHINGTON, Dec. 21 - Nearly one-third of all the savings in the final budget bill comes from student aid, the Congressional Budget Office said Wednesday.

Under the bill, college students would pay higher interest rates on loans. Many banks will receive lower subsidies. And the Education Department will work with the Internal Revenue Service to ferret out students and parents who underreport incomes on financial aid applications. The budget bill is estimated to save $39.7 billion over the next five years. Student aid accounts for $12.7 billion of the savings, or 32 percent.

http://www.nytimes.com/2005/12/22/politics/22student.html?adxnnl=1&adxnnlx=1135547581-ih5ON6i5b2M5vahwbG79DA

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ayeshahaqqiqa

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Sun Dec-25-05 05:02 PM
Response to Original message

1. I plan to tell my apolitical coworkers this on Tuesday

Both have 13 year old sons. One fellow wants his boy to be the first in his family to go to college. I'll let him know that Bush has other plans for the lad....

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chicagiana

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Sun Dec-25-05 05:38 PM
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2. Bend over middle class Republican voters ...

GW Bush is returning the favor. And BTW, if you think he'll use KY Jelly, you've got another thing coming!!!

This is Bush's America where only the children of the wealthy should be educated. Turn back the clock all over the nation to 1932!!!!

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CountAllVotes

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Sun Dec-25-05 05:41 PM
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3. my thug brother's kid is in college right now

I spoke with him for awhile the other day and he said that college wasn't as easy as it used to be.

Time to drop-out perhaps? :evilgrin: Excuses, excuses (brains help though).

:kick:

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ticapnews

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Sun Dec-25-05 05:57 PM
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4. Cannon fodder don't need no book learnin'

They just need to learn how to say, "Yes Drill Sargeant!" and even Forrest Gump and Gomer Pyle can do that...

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Grateful for Hope

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Sun Dec-25-05 07:35 PM
Response to Reply #4

6. That's exactly right

By making it financially harder to go to college, Bush is ensuring that more will enlist. What an idiot.

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TomInTib

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Sun Dec-25-05 07:12 PM
Response to Original message

5. Want an IRS audit? Apply for a student loan for your kid, mofo.

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