Posts Tagged ‘Student Loans’
» posted on Tuesday, June 1st, 2010 at 6:42 pm by Damien Baldino
Student Loans: What happened to personal responsibility?
When I was 17, I considered many colleges. As the process unfolded, I realized I would have to stay close to home and attend a public college or university. This narrowed my choices to Rhode Island College and the University of Rhode Island. At the time (1994), RIC was about $2,900 per year (It’s about $5,000 now), about $1,500 per year less than URI. It was also much closer to my house. I was happy at RIC, but I didn’t consider it the perfect situation. At the time, I would have liked a more prestigious school, but thankfully I focused more on important criteria.
So, why am I bringing this up 16 years later? It’s because I read an article about a woman named Cortney Munna who racked up $97,000 in student loans because she insisted on attending a prestigious school. Ms. Munna and her mother are complaining about the large amount of debt and seem intent on placing blame on lenders for lending. » read more
post a comment | filed under Education | tags: College, Majors, Mortgage Crisis, Student Loans
» posted on Friday, March 12th, 2010 at 5:42 pm by LadyLumineux
Health care vote coming next week
The health care bill is on pace to have a vote in the House by next week. Until this point, debate has focused on a public option, the Stupak Amendment, and bribes favors given to certain Senators to secure their vote. Now, it looks like the latest disagreement might revolve around student loans. Yes, you read correctly, student loans.
You might be wondering what student loans have to do with the health care bill. If you can’t figure out how they are related, don’t feel bad, they have nothing to do with each other. Democrats are simply trying to tack on changes to the student loan program which would cut out the banks, have the government originate the loans, then use the savings to increase Pell Grants. » read more
post a comment | filed under Health · Politics | tags: Barack Obama, Health Care, Nancy Pelosi, Student Loans
