Showing posts with label Student Loans. Show all posts
Showing posts with label Student Loans. Show all posts

June 26, 2014

Washington State Permits Illegal Aliens To Get Financial Aid Jeopardizing Others


[From article]
The form requires applicants to write “1” for “yes” or “2” for “no” if they accept the statement “I will file an application to become a permanent resident of the United States as soon as I am eligible to apply. I am also willing to engage in activities designed to prepare me for citizenship, including citizenship and civics review courses. I certify or declare under penalty of perjury under the laws of the State of Washington that the foregoing information is true and correct.”
“I think it’s important to remember that [the] State Need Grant follows the same rules that are used for determining in-state tuition, and so that process has been in place in this state since 2003, and that includes the affidavit process and the documentation of residency,” Sharp said.
Research shows that illegal aliens are three times more likely to drop out of college than other students, which may be partly attributed to finances.
However, legislators argued that this sudden toll on the state financial aid system from including these students would make it harder for all students to get financial aid.

http://www.campusreform.org/?ID=5718&app=cro

1,600 illegal alien college students file for Washington State financial aid
The Washington legislature passed the Real Hope Act earlier this year, which grants illegal aliens the right to apply for state financial aid.
Eighteen states allow in-state tuition rates for undocumented students, including Washington.
Samantha Reinis
Campus Reform Intern
Jun 25, 2014 at 12:04 PM EDT

June 14, 2014

Spending Other People's Money Society Rules Media in Cambridge MA



[From New York Post editorial]
Behind both the Warren bill and the executive order the president signed earlier this week is the same philosophy that created a mountain of student debt that is $1 trillion and climbing.
This is a federal aid regime that encourages ever-more student borrowing, which in turn fuels university spending that then drives up tuition faster than general inflation.
If President Obama and Sen. Warren were right, the explosion in federal aid over the past decades would have made college more affordable. The reality is otherwise.

http://nypost.com/2014/06/13/obamas-old-college-try/

Obama’s old college try
By Post Editorial Board
June 13, 2014 | 10:15pm

* * *

[From Cambridge Chronicle editorial]
Most of America’s college grads are in a deep hole because of money they borrowed and invested in their educations. Outstanding student loans now total more than $1.2 trillion. One borrower out of seven defaults on student loans within three years of beginning payments.
This isn’t just a burden on graduates and their families, it’s a drag on the economy as a whole. Young people saddled with debt don’t buy furniture or cars. They linger in their parents’ homes rather than start families and households of their own. Their inability to spend is one of the factors that has kept the economic recovery from gaining momentum.
[. . .]
While it might be an easier pill for Republicans to swallow if the student loan bill’s costs were offset by a provision that was less a partisan lightning rod than a tax hike, Warren defends it. Given the state of the economy, she argues, which is a more worthy investment: college education for America’s young adults, or tax loopholes for its wealthiest earners?
[. . .]
Consider it a graduation present to the Class of 2014. 

Clearly 215 miles from New York City there is no concern for logic or for wasting taxpayer funds. The Cambridge Massachusetts weakly paper appears to be a cheerleader for the Spending Other People's Money Society.

http://cambridge.wickedlocal.com/article/20140614/NEWS/140618406
EDITORIAL: A better deal on student debt
Posted Jun. 14, 2014 @ 8:25 am
CAMBRIDGE Chronicle

August 6, 2013

NY State Agency Employee Reveals Obama Applied for Student Aid as Foreign Citizen





[Week old report]
http://www.redflagnews.com/headlines/urgent-whistle-blower-comes-forward-attests-to-attorney-that-obamas-financial-aid-state-his-citizenship-indonesian-aid-given-to-obama-as-a-foreign-student

DEVELOPING: Whistle-Blower Comes Forward, Attests To Attorney That Obama’s Financial Aid State His Citizenship Indonesian, Aid Given To Obama As A FOREIGN Student...
June 22, 2013

March 4, 2013

Lawyer Charged With Killing Mother To Get Insurance to Pay His Student Loans




http://www.dailymail.co.uk/news/article-2287899/Son-kills-months-moms-suspicious-death-years-fathers-hiking-accident-death.html

Lawyer, 32, struggling to pay off his student loan kills himself weeks after he 'shot dead his mother' and a year after his father died in a hiking 'accident'
John Wagner shot himself as police homed in on him as suspect in the murder of his mother Carolyn, 64, in Florida in December
He was the only witness when his father fell to his death as they took a hiking trip to Washington in September 2011
Police believe he had student debt and hoped to use his mother's money
By LYDIA WARREN
Daily Mail (UK)
PUBLISHED: 11:54 EST, 4 March 2013 | UPDATED: 13:22 EST, 4 March 2013

May 20, 2011

Colleges Are Businesses Not For Learning

Rich Lowry shocks the conscience advocating that "colleges foster 'a culture of learning.'" (Rich Lowry, "The college rip-off," New York Post, May 20, 2011) Non profit colleges are businesses and a place to accumulate wealth. Harvard's current President earns $874,559; presiding over a $27 billion endowment. Educated citizens create a threat to the larger business of corporations and government unions stealing taxpayer funds. This is clearly not the hope and change of Barry Obama.

http://www.nypost.com/p/news/opinion/opedcolumnists/the_college_rip_off_Ol3fdTLBk2jflWEQn0tHBI

The college rip-off
Tuition skyrockets -- while learning plummets
Rich Lowry
New York Post
Last Updated: 4:27 AM, May 20, 2011
Posted: 10:51 PM, May 19, 2011