Posted on 03/30/2010 8:46:30 AM PDT by Red in Blue PA
He will also talk about the provision's less controversial expansion of Pell Grants, as well as supporting historically black and minority institutions and caps on student loan repayments.
According to the White House, "New borrowers who assume loans after July 1, 2014, will be able to cap their student loan repayments at 10 percent of their discretionary income and, if they keep up with their payments over time, will have the balance forgiven after 20 years."
(Excerpt) Read more at whitehouse.blogs.foxnews.com ...
Free college until you’re 24, uh 27, uh 32, uh 46!
It was a superb play with Patti Lupone that I saw on Broadway in its original heyday. But I never hoped to be living it!!!
Hilarious! Maybe they can give him a loan so he doesn’t have to deal with this “country sh*t” anymore.
Play Him Off Ghetto Keyboard Cat
http://www.youtube.com/watch?v=E5S3M_k88AE&feature=PlayList&p=9E73FECBA8BB8372&index=2
E Gads! I clicked on the link to your post and what should appear but a Google ad sponsored by SEIU wanting me to thank Kathy Dahlkemper (my district congress [cough] woman) for voting yes on healthcare.
Not sure if her and Pelosi are twins.
Fox should ban these ads. My bad, it’s fair and balanced. /sarc
We’ll be a nation of educated do nothings!
What exactly do we produce anymore. An does anyone honestly think this can go on?
Exactly what Obama intends to have happen
How long before Obama bans banks from charging interest?
I don’t know if it is worth a DR ping, but what the heck!
BTW, I was checking out some groceries at Walmart yesterday and an employee noticed my envelopes...she’s a DR fan too. We agreed of what a lifesaver the program has been to us!
Oh well, I guess my husband and I are suckers again...we pay off thousands in student loans (and all our other debt) and we get to pick up the slack for some idiot majoring in Feminist Lit.
Just in the last couple of we were trying to come up with a plan for sending him back to school part-time in the fall. We probably wouldn’t qualify for Obama money because he’s actually studying something useful like engineering.
OTOH, since we’ve sworn off student loans or any other debt forever, we’ll just pay cash :)
My husband and I want our $50,000 back we paid off.
He's getting it from his "stash."
I presume this is all within the authority of his Kingship.
This is NATIONALIZATION of the student loan industry.
Obama uses the excuse that “they cut out the middle man”, who makes a profit, so it will “save” money.
Guess what — that same excuse could be usef for ANYTHING — let’s eliminate PROFIT for ALL industries, cars, food, clothimg, let the government take all those industries over and sell us everything directly, “cutting out the profit and the middleman”.
This is a second step (first step was the healthcare bill itself) to ELIMINATE CAPITALISM, free markets and replace it with socialism. In communist countries all stores, factories, everything was owned by the government and your only choice was to buy whatever the government decided to make available.
I don’t think people realize the importance and dreadfulness of this government takeover of the student loan industry.
We are all frogs in a pot, that Obama is slowly heating up until we are all cooked. — UNLESS we put in a Republican Congress in Nov, and stop this attack on our freedom.
You live in Jakarta? Have you gone fishing for BO info there?
...and minorities were already getting tons of money for college without this.
Thanks for the ping, I will send it out. I know what you mean, why work hard to see everyone else just suckle the gov’t teat. Well, I figure that while everyone else will not ever be “happy,” due to their reliance on the gov’t for their happiness, I will continue to know contentment and peace.
Keep up the hard work, it will be much easier to drop off the grid.
Thanks Hoosier for the ping.
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