Why, when Ward Churchill is the poster child for the Lib ownership of the front door…

I knew a guy, when I was in college, who was paying for his education with his credit card. He explained that since he had a job and was in school part time, and had saved a bit, he kept getting offers for interest-free transfers onto new credit cards. He was a junior when I knew him, and had yet to pay any interest on his tuition.
Would this now be illegal?

Mew

what exactly is in the government lending guidelines that would conflict with BYU and other sectarian institutions?

They do let in non Mormons, don’t they? I don’t think Jim McMahon was Mormon…..

Here in Panama City, FL if this goes through. Do you hear us Congressman Allan Boyd-D?

Religious universities have a good reason to be concerned. However, as a Research Administrator for a public university, I’m also concerned. The scientific disciplines have been spared a lot of the “dumbing down” that resulted from diversity admissions versus merit admissions. You can’t get into a Math or Science program because you’ve “overcome hardships.” You have to have specific skills. For whatever the reasons are (and there are many to be argued), most of the students in these disciplines are Asian or Caucasian. If the Fed controls who gets student loans, will they be able to force universities (overtly or by coercion) to accept more unskilled students into math and science programs simply to satisfy racial quotas?

into higher education, and, indoctrination. They have been marching right in the front door for years.

What is really disgusting about this is that the feds will forgive your student loans if you graduate and go right into Public Service for a certain number of years. Doing what, I don’t know. Maybe joining AmeriCorps, or manning the ACORN social service, or shady mortgage offices. If the parents aren’t on top of this, which many will not be, the youngin’ dumins will fall for it. When they realize what they did, it will be too late.

I wonder what will happen with the likes of Conservative University, Liberty University and etc. I guess the students will have to pay as they go, or their parents will have to.

As noted already, government (state / federal / local) doesn’t need a backdoor to control education because they already fund it directly and indirectly through myriad mechanisms.

The mistake isn’t that the federal government intends to administer federal money, the mistake is that federal money is being administered at all.

I am very far right and I see no reason that the taxpayers should be asked to guarantee student loan losses AND pay profits to administer such guarantees.

All anyone on this board needs to know is this: the federal student loan industry is an enormously profitable commercial enterprise with fatter margins than most other banking profit centers. If the federal government is dumb enough to guarantee student loans, at least they should be smart enough to cut out the middle man.

I support this initiative – and yes, I’ve got six figures in student loans.

The battle here, if anywhere, is in the mere existence of a federal program to lend money to private citizens – not exactly a traditional function of government.

If private schools no longer get subsidized, costs may go down, giving those schools a competitive advantage.

Remember: If you want to destroy something, tax it. If you want more of something, subsidize it. School prices are rising much faster than inflation, jus tlike medical costs, because of the subsidies we’ve been pumping into the system.

…. Parents and schools alike taught the value of hard work. Those that worked hard were successful. Those who didn’t, weren’t. And now we’ve come to this, where the success and productivity are penalized, and laziness and failure are rewarded. Scope is right – the feds have had their grubby hands in education – from preK through college – for some time now. But this picking of winners and losers by our government is something else – and very disturbing. If the government would just get the heck out – out of our schools, out of our banks, out of our mortgage companies, out of our car companies… and let the free market actually work, all the “problems” and “crises” of today would soon be alleviated. The government is not the solution to our problems, the government is the problem.

It’s been my understanding that only two institutions of higher learning are entirely free of ties to federal money, and therefore, federal restrictions: Grove City College of Pennsylvania (my alma mater) and Hillsdale College of Michigan. Grove City has already been to the Supreme Court in the fight to maintain that freedom (Grove City College v. Bell,1984). I doubt this legislation would go unchallenged if it ever actually made it to the president’s desk.

On a side note: Barack Obama as a constitutional scholar reminds me of the “Bible scholars” who maintain that Jesus Christ never even existed.

who has always taught in private schools. It used to be that each school was responsible for setting it’s own curriculum etc. and if that curriculum didn’t enable the students to get into good colleges the school wouldn’t last very long.
Over the years I have witnessed first hand the dumbing down of our students in the interests of “diversity” and PC. The solution is so very simple… it all has to start from the bottom. If I had 30 pre-K children from the most deprived neighborhoods ever for three consecutive years I could get them into any private elementary schoo anywherel. But nooooo… we have to add more hoursto the day instead of booting the curriculum. Then the powers that be whine that our children are too fat but do they put back PE or take the vending machines out of the schools? Noooo, they instead introduce legislation banning trans fats. But I digress.
I believe that at the heart of this is the progressive goal to destroy specifically the Christian and other religious schools and home schoolers. They want everyone to be brainwashed by their “new and improved” world/global curriculum adn this is yet another tool to force parents into submission or risk their children not getting into college. They are planning on rigging the entrance exams so it will be hard for someone who has not been exposed to their propagandized curriculum to score well enough to get into the college of their choice.
This REALLY needs to go down in flames.
They will wind up telling each student where they can go to school and what their major will be in the “interests of the collective good”.

This could be a good thing. Too many are going to college right now.
Outside of the hard sciences, the only higher education going on is at Hillsdale and Grove City.

He is so out of touch he doesn’t realize that many are rushing to the security of government jobs right now, he is incentivizing the incentivized. I just heard he wants to reward those who go into public service, a.k.a. government jobs, the sector suffering 3% unemployment.

“We got the Obama” is starting to sound like a nasty disease.

Obama had to use his “twin teleprompters” to speak to a class of 6th graders. Do you think he got a scholarship to Harvard to learn Telepromter technique. Left, right, left, right. You can set your watch by it.

asked to go to colleges in the hood to diversify the student ratio…

I don’t know what his purpose would be for doing this. Greater efficiency? That’ll be the day.

The student loan industry needs less, not more, government help. If the feds were to end student loan subsidies and the legal privileges afforded lenders of student loans, all kinds of beneficial outcomes would be realized. Fewer subsidies –> higher interest rates –> both students and schools would be forced to really consider what their education is worth. I can almost guarantee you that process would improve both the quality and price of higher education.

…I’m not sure what the fuss is all about.

Of course he wants to do this, and a lot of other things, as well.

This is what the fight for Congress is all about…stopping all of this, not just heath care, cap and trade, etc.

Thanks for heads-up Erick but I don’t think anyone has even hung up their 6-shooter from the last fight.

Just keep us up to date.

I did a diary on it recently.

http://www.redstate.com/common_cents/2010/01/21/a-method-to-his-madness-how-obama-will-draft-his-army-103-billion-in-student-loans-at-a-time/

BYU’s curriculum is not nearly as conservative as one would think, but I’m pretty certain they’d opt out of all federal loan participation before allowing the Fed to dictate policy (either social or teaching content). As a politically Conservative Mormon I’ve found a lot of fault with BYU over the years but I’m confident (hopeful?) they’d tell Obama where to go if it came to that.

I don’t think he is going to take over the entire student loan industry – I cannot imagine how the Supremes would find it Constitutional to forbid private loans for the purpose of undertaking a legal activity. What, I think, he wants to do is to get rid of private banks administering the **federally-subsidized** student loans, and instead administer that via (unionized, civil-service) bureaucrats.

I think this might turn out to be a great idea, because cheap student loans have massively contributed both to the dumbing-down of modern curricula, and the ever-increasing price of a college education. Put bureaucrats in charge of the loans, and they’ll be so impossibly inconvenient and with such horrendous strings attached, that we’ll soon see more colleges going the route of Hillsdale. I hope. Bit of an adjustment, to be sure, but not wholly impossible.

Taken to its logical end, even forgiving loans to kids who go work for the government isn’t entirely bad – because they’ll have gone to a school with all the educational content drained out, and be illiterate. The best bureaucrat is one who doesn’t know how to read or write.

…has been under the tent for years. A lot of people who don’t have kids don’t realize that the FAFSA (document required if your child attends a school that accepts government loans) is a hugely onerous invasion of privacy. The information required includes all personal family information, including federal tax returns. This information goes to the State Department of Education, and who knows what happens to it then?

And you must comply, even if you are paying for your child’s education out of pocket. No FAFSA, no college.

Big Brother has been at this place for a long while. It isn’t going to get any better with this mess…what a pathetic excuse for a President of The United States.

What I didn’t say in the other post is that you can get all kinds of financial aid, even if you are approved for FAFSA. If you don’t fill out the FAFSA, though, you are not eligible for any other loans the college offers (like Perkins, etc.), nor can you get certain grants, like the Pell. Really is a kind of messed up system!

and a way to increase their membership by pushing more graduates into government rather than the private sector- in other words, a bribe. Most of his new initiatives besides the student loan deal do little or nothing to help the private sector. It’s just more of the same- increased government control over everything. Doubling the earned income credit for those whose yearly income is less than $85,000 just doubles this federal spending program.

Now I see why he doesn’t want his commission on spending reduction to even meet until after November.

My alma mater, Wabash College, is still one of a very small number of all-male colleges left in the country. Sure, they’ve considered going coed in the past, but it’s been rejected. The argument that it’s limiting women’s access to education has long since been refuted; there are more women-only colleges in the state of Indiana than there are men-only colleges in the entire country, but I’m sure that won’t stop Barack Obama from bringing his hammer down.

That will work fine until the dollar collapses and no one can buy a house. Oh, yes, I forgot. The new EPA rule is no one can buy a house or sell a house until it has an energy upgrade. Modifications and inspections costs will prevent most from selling or moving. Old people freezing in the snow after the govt throws them out on their hind parts. Is this a great country of what!? Get this idiot out of office and the two trolls Pelosi and Reid.

This due to lack of competition. At least this is true in the primary and secondary school system. And as you can see even if it did NOT include post secondary education, this govt thrust would include that as well.

A (conservative, believe it or not) professor friend of mine teaches
business & economics. He did a study of multiple industries and their product cost increases relative to the inflation rate over several decades.. Three (3) Industries stood out far and above the othersm as rising at multiples of the inflation rate.

These were, Health, Education and Government.

The reason was that in those 3 industries there was no competition (at least in pre-college education). It would seem to follw then that if Govt is in total control of anything it will have the same effect in those industries, way more even that it has now with the restrictions on any business doing business WITH the Govt.

These interesting facts would seem to indicate that the creeping (and creepy) control SURGE that Obama and Congress are implementing will make this entire country non-competitive and its Economy will fail.

The term “Progressive” would seem to match the Democrats style of taxing and the expected rise in costs of anything they touch.

It will be interesting to see if Banking, Insurance & Automotive don’t follow suit given the current govt direction.

As to what the students will need to do to payback the loans, I’ll make a pretty certain prediction
that it will include service in Obama’s Civilian Security force which he said must be at least as
strong and well resourced as the military. (Can you say Brown Shirts?)

OR his Community force ACORN

A dvancing
C ommunism
O ver a
R ecalcitrant
N ation

hilter,stalin .mao,pol pot,and now obama.history is repeating it self.we have learned from history,lets not repeat it.the party liners will vote for this no matter what.americas is counting on the true republicans and democrates who love this country more then obama.