Higher Education Bill in Congress - PASSED

Discussion in 'Current Events' started by American Horse, Oct 4, 2009.

  1. American Horse
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    American Horse AKA "Mustang"

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    Why would the Democrat majority in the house of representatives want virtually all persons needing financial aid for a college education have to go to the government to get that financial aid?

    Beyond the obvious, patron/client relationship which that situation promotes, are there any other outcomes, like influencing educational priorities, choices, and the selection of career fields by applicants....or even a government bureaucracy (part of the Party of Government) deciding who will get such aid in the future?

    Obama Plans Government Takeover of Student Loans - WSJ.com

    QUOTE:
    “The furor over President Obama's trillion-dollar restructuring of American health care has left his [OTHER] trillion-dollar plan starved for attention.

    That's how much the federal balance sheet will expand over the next decade if Mr. Obama can convince Congress to approve his pending takeover of the student-loan market.

    The Obama plan calls for the U.S. Department of Education to move from its current 20% share of the student-loan origination market to 80% on July 1, 2010, when private lenders will be barred from making government-guaranteed loans. The remaining 20% of the market that is now completely private will likely shrink further as lenders try to comply with regulations Congress created last year. Starting next summer, taxpayers will have to put up roughly $100 billion per year to lend to students.”
    <SNIP>
    &#8220;It's not a popular idea on campus. Loans directly from the feds have been available for decades, but the government's poor customer service has resulted in most borrowers choosing private lenders.&#8221;

    Student Aid and Fiscal Responsibility Act - PDF

    This bill has been passed in the House on a roll call vote (Aye D-247-D R-6; No D-4 R-167). The bill now goes on to be voted on in the Senate. Keep in mind that debate may be taking place on a companion bill in the Senate, rather than on this particular bill.
     
    Last edited: Oct 4, 2009
  2. The T
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    The T George S. Patton Party Supporting Member

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    Government has no business doing this shit either.
     
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  3. Oddball
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    Oddball BANNED Supporting Member

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    Gee...That oughtta keep a lid on tuition costs.....NOT!
     
  4. American Horse
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    American Horse AKA "Mustang"

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    Seeing you are from Florida, and there were several Floriday "outliers" in the House vote, here they are:

    Republican Aye votes: Vern Buchman FL, Anh Cao LA, Timothy Johnson IL, Thomas Petri WI, Todd Platts PA, Ileana Ros-Lehtinen FL;

    Democrat No votes: Allen Boyd FL, Stephanie Herseth Sandlin SD, Paul Kanjorski PA, Michael McMahon NY
     
    Last edited: Oct 4, 2009
  5. WillowTree
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    WillowTree Diamond Member

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    that's the power of the obamalama now he gets to tell students what they shall study for how long what career they will seek and how much free "community organizing" they will do. wink.
     
  6. rdean
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    rdean rddean

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    I agree. I'm sick of education. We want our children uneducated. Who needs it? Can a Republican name a single good thing that ever came from education?
     
  7. The T
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    The T George S. Patton Party Supporting Member

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    And after their education? The young ones who go into whatever workforce is left, and they have to look foward to Obama and his Czars telling them what they can be paid.

    Huzzah! ;)
     
  8. American Horse
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    American Horse AKA "Mustang"

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    It is indeed strange the tangents some of us launch into; this is tongue in cheek...right?
     
  9. Contumacious
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    Contumacious Radical Freedom

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    Prior to 1914 education was PRIVATELY operated and financed. Were the children less educated back then?!?!?!?

    And if you can not afford to educate the children think about using condoms.

    .
     
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  10. Oddball
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    Oddball BANNED Supporting Member

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    As the Red Herring Express runs on full steam. :rolleyes:
     

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