[NYP] The Trump administration on Monday proposed new limits on federal student loans taken out by parents and graduate students as part of a broader proposal to curb the cost of college.
White House officials included the plan in a list of suggested changes to the Higher Education Act, a sweeping federal law that governs student lending. The legislation is getting its first overhaul from Congress in more than a decade.
Ivanka Trump, the daughter and adviser of President Donald Trump, unveiled the plan at a meeting of the National Council for the American Worker, an advisory group that Ivanka Trump helps lead.
"We need to modernize our higher-education system to make it more affordable, flexible and outcomes-oriented, so all Americans, young and old, can learn the skills they need to secure and retain good-paying jobs," Ivanka Trump said on a call with reporters.
I know of a young woman who borrowed money through the student loan program. She went on to get a Ph.D. and then another in Europe. I was told she had borrowed a total of about $400K. She now has a university job after kicking around for a few years. She pays the minimum of about $10K/year based on her salary. In 40 years she might have it paid off. I know of another person who bought a new Audi with the money while attending school and getting paid as a TA. I know another student who bought a duplex with student loan money and later sold it. There are abuses in the program.
In addition to abuses in the student load program, universities are tied into the Federal government through many programs such as diversity multicultural program requirements, reporting requirements, EPA, OSHA, and many other programs. Moreover, like the government, universities have expanded the bureaucracy in universities significantly. The tie in to Federal programs ramps up the cost of education to the student and drives up the need for loans.
Make the universities and colleges carry a sizable portion of the debt. They might actually want students to graduate with viable skills to pay them back.
I like this idea. But, further, I would require universities to inform students of their projected future earnings based on current statistics for their majors. I mean, with a degree in French literature, what can a student expect in the way of job prospects and earnings as opposed to a degree in engineering? Then tie the loan amount to the earnings potential, an engineering student could then borrow more than a French literature student.
Posted by: Abu Uluque ||
03/19/2019 11:58 Comments ||
Introduce rudimentary economics into the student loan business?...that'll never work because...racism
Posted by: Jack Bonaparte7513 ||
03/19/2019 12:37 Comments ||
I feel the best way to fix the issue is make collages have skin in the game and limit available funds.
1) Limit the amount a student can borrow (can be adjusted for degree, school, etc.)
2) If a student finishes a degree, say an engineering 5 year degree, they need to be able to pay off the loan in 10 years at a reasonable payment plan. If the student can't due to no fault of their own, the collage is held financially responsible for the rest. The idea being a degree shouldn't be a lifetime payment plan. If someone can't pay it back in twice the time it took to get the degree, it was overcharged and the collage gets hit with the bill.
The idea back in the 70s is you could pay for what the degree cost in how long it took to get it. 4 year degree, most people could pay it off in 4-5 years. Things need to go back to paying for the degree in the time or double it took to getting it.
Otherwise this is little more than being a debt slave to the state.
Someone I knew realized that he could postpone the onset of loan repayment by... (wait for it!) ...taking more advanced post-grad degree courses. Of course that meant that he would owe more money and the original loan kept appreciating, but he didn't have to pay today!
^ Yes. And the concept of politicians floating "loan forgiveness" should be completely shut down.
Posted by: M. Murcek ||
03/19/2019 16:42 Comments ||
...who might finally wake up ....
It'll never happen. Taxpayers have bought hook, line & sinker into the idea that lavish spending on education equates to the future success of their community, state & (probably) nation. No part of taxpayers subsidizing failed students will have any corrective action.
[WND] A new polls shows President Trump’s popularity is soaring in the key battleground states of Pennsylvania, Indiana, Michigan, Ohio and Wisconsin.
He leads a generic Democratic nominee in those states 46 percent to 40 percent, according to a Wall Street Journal survey.
Talk-radio host Rush Limbaugh told his listeners Monday it’s not hard to understand why.
Voters in those states like the "ongoing economic renaissance" they are experiencing.
"This wasn’t supposed happen. Trump was supposed to barely be above 30 now," he said.
But those states are "all thriving under the president’s pro-growth economic policies," the Pittsburgh Tribune Review reports.
"Indeed, Trump’s economic agenda has had a profound effect on Pennsylvania: The state’s 4 percent unemployment rate is now the lowest it’s been in nearly two decades, and the economy continues to add new jobs at a dizzying pace," the paper said.
No. The short memory of voters will decide things were always so good and moar Clinton and Obutthole is the answer...
Posted by: M. Murcek ||
03/19/2019 16:20 Comments ||
In normalish election cycles, I would agree with you. But this is not normal times and the unions have been devastated in the rust belt. Work returning for these people after they voted for Trump will continue as long as the work does, IMHO.
The demoncratic part is broken there and with the current crop of insane leftist candidates, I don't see the workers returning to the fold so to speak.
[Legal Insurrection] Congresswoman Ocasio-Cortez might be a hit among the fringe left, but polling indicates she’s alienating voters and Democrats.
A new poll released by the Siena College Research Institute shows AOC’s favorability has tanked.
Favorability by the numbers:
From the SCRI:
“Ocasio-Cortez, with a negative 31-44 percent favorability rating, is as well known to statewide voters after three months in office as Gillibrand is after ten years as senator. While Democrats view Ocasio-Cortez favorably, independents view her unfavorably more than two-to-one and Republicans view her unfavorably, 68-6 percent. She is viewed slightly favorably in New York City but strongly unfavorably upstate and in the downstate suburbs.”
Worse still (for AOC), 2/3 of respondents strongly support the Amazon HQ deal that Ocasio-Cortez actively fought against, and say Amazon’s decision not to build a large facility in Queens is bad for New York:
[DAWN] In the aftermath of the Pulwama episode, Kashmire-centric turban group Jaish-e-Mohammad ...literally Army of Mohammad, a Pak-based Deobandi terror group founded by Maulana Masood Azhar in 2000, after he split with the Harkat-ul-Mujaheddin. In 2002 the government of Pervez Musharraf banned the group, which changed its name to Khaddam ul-Islam and continued doing what it had been doing before without missing a beat... has been making headlines internationally, as the jacket wallah involved in the attack claimed to be a member of the outfit.
This has led India to call for action against the group, particularly against its head Masood Azhar. While India has been thirsting for Dire Revenge in the post-Pulwama period, its efforts to blacklist the Jaish and its chief are not altogether altruistic. Delhi has made an all-out effort to prevent the Kashmire issue from being internationalised, and is presenting itself as a victim of ’terrorism’ to take the focus of the international community away from its brutal tactics in the held region. Indeed, all of Pakistain’s attempts at talks or acting on CBMs have been held back by the Modi regime’s single-point agenda ‐ to portray Pakistain as a hub of jihadi activity.
However, a good lie finds more believers than a bad truth... away from the Indian stance, there is still a case to be made for Pakistain’s clamping down further on the Jaish and others of its ilk ‐ for its own security.
The dangers of the path adopted by the Jaish are clear. Masood Azhar’s aim was to blur the distinction between pro-Kashmire jihadi groups and those subscribing to sectarian militancy within Pakistain.
When Gen Musharraf proscribed the Jaish, he was targeted by the group, barely escaping two attempts on his life.
The attempt to rein in the Jaish’s activities caused a large section of the group to join hands with the TTP to attack the state and religious minorities.
Attempts to deradicalise gunnies also did not work, and it became clear that the danger of reprisals notwithstanding, stern action was necessary against all gunnies ‐ whether they were allegedly using Pak soil to plan attacks outside the country, or killing and maiming thousands within the country. Indeed, Pakistain should have learnt a lesson from the Americans who encouraged jihadi elements in Afghanistan, only to be confronted by a monster of their own creation in later years.
Given this backdrop, many observers have emphasised the need to crack down hard on all such groups in Pakistain. Most have been banned but much more is required to ensure that they are eliminated and never come back to life.
If the world wants to blacklist Masood Azhar, there should be no hesitation on Pakistain’s part. Neither should China use ’technical reasons’ to block such a move.
There are no ’good’ or ’bad’ gunnies groups; all have either caused or are capable of wreaking havoc in the country. That outlook is hopefully a thing of the past now, as the prime minister has promised that no groups will be allowed to use Pak territory for turban activities. He must make good on that pledge. This is the only way Pakistain will regain the respect of the international community, and counter India’s constant campaign to isolate it.
Posted by: Fred ||
03/19/2019 00:00 ||
Top|| File under: Jaish-e-Mohammad
[Washington Examiner] A group of "useful idiots" at the United Nations accused Israel of committing war crimes rather than hold terrorist groups responsible for using human shields in recent protests, a prominent Republican senator argued Monday.
Texas Sen. Ted Cruz delivered that rebuke hours after a commission appointed by the United Nations Human Rights Council reported that Israeli forces "killed and gravely injured" dozens of civilians over a nine-month period last year. The clashes arose form protests against the relocation of the U.S. Embassy to Jerusalem, as President Trump’s decision inspired a "Great March of Return" by thousands of Palestinians who sought to breach a border fence between Israel and Gaza. The most intense confrontations took place on the day of the Jerusalem embassy opening, which resulted in a U.N. rebuke.
"The Commission found reasonable grounds to believe that during these weekly demonstrations, the Israeli Security Forces (ISF) killed and gravely injured civilians who were neither participating directly in hostilities nor posing an imminent threat to life," the U.N. investigators said. "[T]he use of lethal force in response was rarely necessary or proportionate."
There are 5-star hotels and restaurants to stay at in "civilized countries" where you can wax polemic about their (quote) dastardly behavior (un-quote). In Bad Guy Land™ they tend to haul you out in the bushes and shoot you (pre-execution torture on video optional).
[Pat Buchanan at WND] Now, there are no excuses, or defenses, for what happened in Christchurch. But there is an explanation.
All peoples to some degree resent and resist the movement of outsiders into their space. Some migrants are more difficult than others to assimilate into Western societies. European nations that had not known mass migrations for centuries were especially susceptible to a virulent reaction, a backlash.
Americans, after all, reacted viscerally to the Irish migration of 1845-1849, and, again, to the Great Migration from Central and Eastern Europe from 1890 to 1920. Inter-ethnic violence was not uncommon.
Our leaders in the 1920s understood this and took steps to halt the migrations until those who had come could be assimilated, and, in a word, Americanized. It worked. By 1960, we were a united people.
Then, without the people’s consent, the great experiment began:
America’s doors were thrown open to peoples of every religion, race, culture and creed, to create a different nation that mirrored all mankind in its diversity, in Ben Wattenberg’s phrase, a universal nation.
The problem: A universal nation is a contradiction in terms. A nation of all races, religions and tribes had never before existed.
The liberal democracies that embraced this ideology, this idea, are at war with human nature, and are losing this war to tribalism and authoritarianism.
As for Christchurch, unfortunately, such horrors appear to have become the new normal. But Brenton Tarrant alone is responsible for what he did. And it was not Trump but the New World Order globalists who fertilized the soil that spawned him. Emphasis added.
World air travel has made tribalism untenable. If you believe in your tribe first and foremost, you are going to have friction everywhere you go away from your tribe. You can argue either way about whether there is an American tribe (I really think there isn't) but the fact stuff gets kinetic wherever Americans go still says something about tribalism.
Posted by: M. Murcek ||
03/19/2019 7:53 Comments ||
Ref #2: Precisely correct. We now live in a giant zoo. Until other solutions are found, survival is dependent upon independent domains and separation....nothing has changed.
Join the modern world. Stop worshipping a guy on a flying horse, moon phases, magic rocks and magic dirt. Stop worshipping celebrities. Stop worshipping clearly failed tinker toy excuses for economic systems. Stop worshipping yourself. Punish the wicked. Leave people who cause no trouble alone. (Looking at you, gun banners) Wise up. See the bigger picture...
Posted by: M. Murcek ||
03/19/2019 8:18 Comments ||
I ain't holding my breath, Murcek. Most humans can't see past their little monkey spheres of 100 people and tend to be reactionary to events. There is money and power in tribalizing things and most people look towards a god or charismatic figure.
I don't have any faith in humanity overcoming its hunter-gatherer roots for small tribes with powerful leaders and spirits shaping the world. The old wise men were there to keep a break on those impulses, but when they were ignored or cast down things went to hell quick. Our wise men are out of favor and ignored since they don't generate the clicks and views reactionary and charismatic people do. Therefore shit will go to hell for a while.
Tarrant is Australian. Tarrant worked as a personal trainer for two years about 10-12 years ago. His father was a triathlon-competitor and died at 49 of cancer. Mother was an English teacher. During a tour through Europe, Tarrant witnessed an Uzbek man drive a truck into a group of tourists in Stockholm, killing five. He claims to have been inspired by Anders Breivi, the Norway shooter. He spent much of his time playing violent video games while growing up according to his 94 yr.-old grandmother. He traveled extensively to different places in the world for seven years. The grandmother says he became radicalized after traveling. I wondered where he got the money to travel so much. He had a sizeable inheritance from his family. It's been reported he traveled to North Korea and Pakistan. Not exactly places most people would go for a vacation. He has been reported to say that he most identifies ideologically with China.
[Townhall] I have told the following to numerous audiences:
I'm hardly a Hollywood celebrity, but almost no day goes by that I am not stopped by a few strangers who want to shake my hand and say something. Needless to say, I rarely know the religious identity of the individual, but if the person tells me what college their child goes to, I assume the individual is a Jew.
When I relate this to Jewish audiences, it invariably evokes a great deal of laughter. Jewish audiences know how true, albeit slightly exaggerated, it is. As I always add, to more laughter, non-Jews don't tend to tell strangers what college their child attends (which is why non-Jewish audiences don't find the story nearly as funny).
The story is humorous, but it conveys a serious and troubling fact: Many American Jews define their worth by the college their child attends. In American Jewish life, there are no bragging rights equal to being able to say one's child attends a prestigious college.
Thanks to the recent revelations about wealthy people -- few of whom are Jews -- paying large sums of money to bribe coaches and others to get their children into elite schools, it is now clear this perverse affliction is not limited to any ethnic or religious group.
Why would people do what they know to be immoral and illegal just to get their child into Yale -- or, for that matter, USC?
I am certain the biggest reason is bragging rights.
Apparently, many American parents define much of their worth as parents -- and even as individuals -- by what college their child attends.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.