Posted on 06/07/2014 12:16:26 PM PDT by bestintxas
In this week's address, President Barack Obama underscored the importance of helping to lift the burden of crushing student loan debt faced by too many Americans and highlighted the efforts he's taken to ensure we uphold America's commitment to provide a quality education for all who are willing to work for it.
(Excerpt) Read more at breitbart.com ...
If the “students” don’t have to pay back their “loans”, someone else will
Guess who will now subsidize those Ivory Towers and other bastions and cesspools of liberal academia?
The academia- despised taxpayer, the guy whose kid joins the Army because he is a dumb chooch, the gal who aspires to fry burgers for $15 an hour for the next 20 years, the radical Tea Partier who deserves to be interned as Gitmo closes
aka “Ben Dover”
“...Beyond that, I’m indifferent whether he dies slowly, in pain, and bitter that he was unable to destroy something good, or he repents and dies regretting that he wasted his life on the side of evil....”
I lean more towards the former: long, slow, painful, and bitter. Once again, Hell itself will have to enlarge itself to take in another one of Satan’s finest works.
If he does student loan debt forgiveness, that means all those students got free college educations.
Must be nice.
What about all of those people who didn’t go into college, took a military option to owe time instead of money, went to cheaper less presigous colleges to avoid debt, or paid their loans when they were supposed to? It’s terribly unfair to reward those who took irresponsible loans they couldn’t or didn’t bother paying back.
No they were told since kindergarten that if they went to college they would make enough that it wouldn’t matter.
“OK, so what is the solution? For government to get out of the student loan business altogether? For government to just forgive these loans? I’m all ears.........”
For my oldest it will be the GI Bill. It’s worked for decades but, I’m sure this is not what he has in mind.
It’s always interesting to see what happens when the right people finally get an attack of conscience. Makes one wonder about the ongoing officer purges.
He will die I office of natural causes consumed by the 2nd term curse.
Why doesn’t someone in the House of Representatives file for impeachment?
The reason that students have trouble paying off their student loans is that too many of them have degrees that are not translatable into well-paying jobs. These students are earning $20,000-$40,000 dollars with their degrees, not $60,000-$80,000. In other words, too many students are going to college and earning too many worthless degrees. Obama’s answer? Let’s do more of that!
It isn't in the personal interest of any member to do so.
To make a ruckus is to call the wrath of the media on one's head. Keeping their jobs is job #1.
A couple of days ago I happened to look at the website of a small, nominally-Catholic university (Dominican) in California (total students, 2,240). ANNUAL tuition: $45,000. ANNUAL Room-and-Board: $13,000. ANNUAL other costs: $6,000. Total ANNUAL cost: $65,000. Total 4-year cost: $260,000. Total faculty: approx. 220 (university claims 1-to-10 teacher/student ratio). Total annual revenue from students (est.): $130,000,000. Ironically, the university website proclaims “sustainability” as one of its core values.
The last time I crunched the numbers, the cost for a bachelor's degree using an economically sensitive strategy was about the same the cost of buying a new Honda Accord or Toyota Camry. That strategy might be a couple of years at the local community college, then transferring to state U for the final two years. (There are always places available for Juniors and Seniors, because the state U dropout rates are so high.)
As for spending $200,000 + to attend a second or third tier college -- that's a financial decision about as sane as the average household (median household income in the US is $53,046) spending $200,000 to buy a car. That $200,000 car is nicer than a Camry, but can you really afford it?
Amen.
When you boil America's most contentious issues down to basics, government is the sole feeder of the problem. Most people would politely and peacefully avoid or reject open homosexuality in their kids' schools and youth groups. At least a few landlords and employers and businesses, such as theme parks, would prefer having the freedom (denied them now via "Civil Rights") to peacefully, civilly tell open homosexuals, "Go someplace else."
That most Americans would do this is WHY the homosexual lobby has to call in the force of government, whether it is state or federal government, on charges of "discrimination."
Government is the sole nourishing source of the problem. Same with welfare and food stamps, horrific education, unemployed teens, etc.
Both the Republican and Democrat parties offer the same basic choice in very mildly different flavors: more government.
Americans are yearning for choosing the other way, the way that says, "Reduce government and restore self-dependence and freedom."
” ... America’s commitment to provide a quality education for all who are willing to work for it.”
If bonehead *really* want’s to see the SHTF, go ahead Zero, issue a fiat order shucking these loans on the backs of the taxpayers ...
And Brack’s rhetoric is sucking really bad gas lately: If students aren’t willing to pay for it, then they aren’t willing to `work for it’!
It’s bad enough that we’re paying to educate illegal’s and their kids ....
My GSLs were 9%, it *wasn’t* tax deductible (thanks to Slick) & I paid every cent of it over many years.
Crimea river—then pay your damned loans back!
*******And FUBO!*******
When will a consortium of conservative constitutional lawyers and scholars form a clearinghouse for taking the King to court?
We can’t just sit back and allow him to destroy the constitution, and we can’t impeach him for any reason whatsoever. The MSM would cover for him if he strangled a puppy on live TV.
It seems real obvious that Obama is now governing in a new way. He’s been moving in this direction from the very beginning, but something changed recently.
He thought he would have a couple more years to complete the ‘fundamental change’, now he knows he has to push for the uprising so he can declare martial law before the mid-terms.
To address that question, first note that the Founding States had delegated the power to appropriate the funds for Congress to perform its constitutional Article I, Section 8-limited duties solely to the House of Representatives. This is evidenced by the Constitution's Clause 1 of Section 7 of Article I. The problem concening Obama's education program is that, with the exception of the federal entities indicated in the Constitution's Clause 16 & 17 of Section 8 of Article I as examples, entities under the exclusive legislative control of Congress, the states have never deleated to Congress, via the Constitution, the specific power to tax and spend for intrastate schooling purposes.
In fact, Justice John Marshall had clarified that Congress is prohibited from laying taxes in the name of state power issues, essentially any issue which Congress cannot justify under its Constitutional Article I, Section 8-limited powers.
“Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” —Justice John Marshall, Gibbons v. Ogden, 1824.
But regardless that the question as to where Obama must get the funding for any of his official actions has been answered (he must get it from Congress), the next question is where is Congress getting the funding to support Obama's student loan program since Congress doesn't have the constitutional authority to tax and spend in the name of intrastate schooling? And the answer to that question comes from visionary Thomas Jefferson, a promoter of education.
“The great mass of the articles on which impost is paid is foreign luxuries, purchased by those only who are rich enough to afford themselves the use of them. Their patriotism would certainly prefer its continuance and application to the great purposes of the public education, roads, rivers, canals, and such other objects of public improvement as it may be thought proper to add to the constitutional enumeration of federal powers [emphases added].” —Thomas Jefferson: 6th Annual Message, 1806.
Jefferson clearly indicated to amend the frigging Constitution to grant Congress the specific power to tax and spend for public schooling purposes.
So what Obama and “sleeping” Congress must ultimately do to finance Obama's student load project is the following. Obama must inspire Congress to propose a student loan amendment to the Constitution to the states for ratification, just as he should have done for constitutionally indefensible Obamacare Democratcare. And if the states choose to ratify Obama's amendment then Congress will have the power to lay taxes to fund Obama's vote-winning student loan program and Obama will be a hero.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.