[rmlew]

Why isn't the press talking about Obama and the Democrats nationalizing education?

[rmlew]

ping

[Moorka]

Washington Post owns Kaplan Education is one reason. They are making out like bandits from No Child, direct grants, Pell etc.

Kaplan grad rate is pitiful and the student loan default rate is high. Without Kaplan, WAPO would be fertilizer.

Another reason is the Apollo Group which runs Phoenix University and is a huge donor to dems. The guy who ran Apollo Group, John Sperling is closely allied with the likes of Soros, Herb and Marion Sandler and other corrupt leftists.

[bamahead]

Since 1965, the federal government has subsidized colleges and universities by guaranteeing loans that students take from private lenders.

Yet another government subsidy that has done FAR more harm than good. This 'reform' won't be much of an improvement.



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[henkster]

One son is almost done with college, but the 2nd starts in 2011. Under nationalized student loans, education will be rationed. My son tests in the top 1% nationally in math, but he doesn’t match the “demographics” necessary. The result is that we may not be able to finance his education, or the education he is qualified for. In the meantime, less qualified candidates will get his spot.

We all suffer because we will have substandard graduates with better degrees lining up for the best jobs.

This administration appears hell-bent on destroying our country.

[rabscuttle385]

It will make American higher education extraordinarily vulnerable to political interference.

Isn't that what No Child Left Behind did?

[businessprofessor]

The author misses the major problem with nationalizing student loans. Nationalizing student loans makes higher education an entitlement. The federal government will provide the capital instead of private industry. Federal control relaxes repayment rules eventually making loans into grants.

The Democrats have made the ridiculous assertion that federalizing the program saves money. Subsidies and strict repayment rules were necessary to reduce the risk to private borrowers. Competitive bidding reduces but cannot eliminate the subsidies because students are poor candidates for unsecured loans at favorable interest rates with deferred interest payments. The subsidies however revealed the true cost of the loans. Federalizing the program makes the cost difficult to ascertain and likely to increase substantially.

[UnbelievingScumOnTheOtherSide]

But it is not just the Left that has attempted to tell colleges what to do. Under President Bush, Secretary of Education Margaret Spellings attempted to change the nation’s college curricula...

Unfortunately, the left gets away with so much because the "right" finds reasons to be complicit in unconstitutional power grabs. The "cure" is always worse than the disease.

[cowtowney]

Thanks

[concerned about politics]

The trouble comes from the specter of federal control of American higher education.

It's all about political power.
These students are legal adults and should be treated like adults. They don't need mommy and daddy government holding their hands anymore.

If you see a collage student, call him or her "child". If they ask why, tell them about Obomas baby sitting bill. He says they're not grown up enough to take care of themselves.

[chilltherats]

I didn’t need an article of this length to figure out that this is all about reparations. It’s a no-brainer.

[Gabrial]

Send Pelosi an email and let her know what you think of her “healthcare” bill.

http://www.speaker.gov/contact/comment_email

[Force of Truth]

Whites, Christians, and Conservatives need not apply.

[sageb1]

bookmark

[Domandred]

Just occurred to me...

Didn’t Obama want mandatory 2 year “voluntary” service of some form to be qualified for student loans? Easy to do if the government controls all student loans.

[Mrs. Don-o]

To read later

[Lancey Howard]

We aren’t really going to save money; we are just going to spend it in a different way, generally by financing college education for millions of unqualified and marginally qualified new students.

It must be crystal clear to everybody by now what the Ubanga administration is all about: Reparations.

And "justice"...

income justice
healthcare justice
mortgage justice
education justice
jobs justice...

[Kimberly GG]

I wonder how much a role Ayers is playing in Obama’s progressive education agenda.

[ilovesarah2012]

Is there anything Nobama doesn’t want to take control of?

[PeterPrinciple]

History lesson:

early 60’s = National Defense Student Loans (NDSL) get people to go to college to improve national defense

early 70’s = National Direct Student Loans (still NDSL)- because Defense was not politically correct

80’s = Through lobbying the bankers got to make the loans

NOW - Back to the govt so it has more control

[Excellence]

Update: Inside Higher Ed reports that the bill, as re-figured over the weekend will “fall well short of the Obama administration’s original proposal to transform the student aid programs, giving President Obama and Education Secretary Arne Duncan few of the policy changes and accountability tools they’d hoped for.” The cuts that seem likely would knock out a few particular programs that the Obama administration favors, such as the American Graduation Initiative which we wrote about in “A Safer Way to Squander.” The core idea of the reconciliation approach, however, remains the same. The Direct Loan program would entirely replace federally-guaranteed student loans through private lenders.