As education costs continue to rise, many Americans find themselves in a great deal of student-loan debt upon receiving their degrees.
It is this dynamic that led to specific provisions in the College Cost Reduction and Access Act of 2007, a bill intended to help students grapple with the high costs of modern-day education. But as the government continues to clarify the details of its federal loan forgiveness program for public service workers, it seems there’s one cohort that the government won’t be helping — those engaged in “religious instruction, worship services, or any form of proselytizing.”
Still think there is no war on faith?
~Lynn
CONTINUED:
http://www.theblaze.com/stories/religious-clergy-employees-involved-in-worship-proselytizing-cut-out-of-fed-loan-forgiveness/
Showing posts with label student loans. Show all posts
Showing posts with label student loans. Show all posts
Wednesday, February 8, 2012
Friday, October 28, 2011
DAVID LIMBAUGH: Obama's Illusory Student Loan Scheme
With his latest pseudo-compassionate expansion of the student loan program, President Obama reminds us why we ask whether he is simply unable to learn from history or he is indifferent to government waste incurred in pursuit of "good intentions."
Back when Obama was trolling for illusory savings to manipulate Congressional Budget Office scorekeepers into decreeing that Obamacare would be revenue-neutral, he proposed the ingenious scheme whereby the federal government would subsume 100 percent of the student loan industry and eliminate evil private-sector profits going to "middlemen."
The plan was a smorgasbord for big-government enthusiasts because it envisioned whacking private business, legislative trickery and growing the government in numerous ways. It wouldn't just allow the government to seize financial business in grand fascist style; it also gave Obama an excuse to expand the existing loan program.
By calculating $60 billion in savings over the next decade, Obama gleefully inflated student loans by $40 billion and boasted that he still had $20 billion left over to count toward reconciling the balance sheet on his grossly over-budgeted national health care bill.
Obama smuggled this student loan legislation into the Obamacare bill because it probably never would have otherwise attracted the 60 needed votes to pass on its own. Such relatively small-potatoes legislation, by itself, wouldn't have supported the bribes Obama used to cram through Obamacare.
CONTINUE READING: http://www.gopusa.com/commentary/2011/10/28/limbaugh-obamas-illusory-student-loan-scheme/?subscriber=1
Back when Obama was trolling for illusory savings to manipulate Congressional Budget Office scorekeepers into decreeing that Obamacare would be revenue-neutral, he proposed the ingenious scheme whereby the federal government would subsume 100 percent of the student loan industry and eliminate evil private-sector profits going to "middlemen."
The plan was a smorgasbord for big-government enthusiasts because it envisioned whacking private business, legislative trickery and growing the government in numerous ways. It wouldn't just allow the government to seize financial business in grand fascist style; it also gave Obama an excuse to expand the existing loan program.
By calculating $60 billion in savings over the next decade, Obama gleefully inflated student loans by $40 billion and boasted that he still had $20 billion left over to count toward reconciling the balance sheet on his grossly over-budgeted national health care bill.
Obama smuggled this student loan legislation into the Obamacare bill because it probably never would have otherwise attracted the 60 needed votes to pass on its own. Such relatively small-potatoes legislation, by itself, wouldn't have supported the bribes Obama used to cram through Obamacare.
CONTINUE READING: http://www.gopusa.com/commentary/2011/10/28/limbaugh-obamas-illusory-student-loan-scheme/?subscriber=1
Friday, November 5, 2010
From Tea Party Nation "Moment of Clarity"
Self-Inflicted
Posted by Tim Nerenz on November 4, 2010No, my dear Democrat friends, it wasn’t secret money from overseas, or the media failure to explain health care, or talk radio hosts, or Fox News, or the racist tea parties, or Americans for Prosperity that cost you the election today – you did this to yourselves.
It started with the TARP bank bailouts; the American people were 8:1 opposed and you passed it anyway – twice. Then the stimulus; overwhelmingly opposed but you passed that, too. Then you hosed the bond-holders and gave GM and Chrysler to the unions – they took our $50 billion and went bankrupt anyway. Don’t forget foreclosure relief that let people default twice on our nickel – it was the bankruptcy attorneys that loved you for that one, not us.
And then there was health care; you had three chances to bail out with dignity but you rammed it down our throats instead. You threatened to "deem it" if you couldn’t get the votes, even though two thirds of the American people were against your bill – a bill so ridiculous you had to pass it to learn what was in it. Just to rub it in, you nationalized student loans in an 11th hour amendment.
Next came the BP oil spill; three months of looking around for an ass to kick but having no trouble finding the right one to kiss – preventing foreign assistance to please your union masters again. And then there was the bailout of the teachers’ unions – overriding every single school board and state department of education in the nation who had not seen fit to raise compensation in a fiscal crisis.
Should I go on? Cap and Trade, Cash-4-Clunkers, the President’s 60 rounds of golf, Michelle’s Spanish vacation, your two any-gal-will-do Supreme Court appointments, tanking the Fed audit, suing Arizona, ACORN’s hidden camera fiasco, letting the Black Panthers walk, re-appointing Ben Bernanke, and the internet kill switch.
You adjourned your session, allowing the largest tax increase in the history of the world to take effect without the courtesy of a vote. You failed to adjust the AMT in your haste to hit the campaign trail. You offered a $250 check to seniors after you gutted their Medicare and hit them with a 55% inheritance tax – as if you could bribe the Greatest Generation anyway.
Your economic plan was worse than nothing. 15 million Americans are out of work, 9 million more are underemployed, and another 1.2 million have quit looking altogether. Home values are falling, the dollar is falling, real GDP is falling; the only thing going up is gold, unless you count the national debt and the number of troops you keep sending to a war you don’t know how to win.
You called us racist. You called us dumb. You called us enemies, hicks, astro-turf, the great unwashed. You made fun of our reverence for the Constitution and our commitment to our faiths. You don’t like our guns, our trucks, our groceries, our hobbies, our rallies, our Facebook Pages, or our women who think for themselves - witches, bitches, and whores, you called them. You hate it when we prosper, and you hate us when we speak our minds.
How could you possibly expect that we would vote for you after all that? No, seriously – did you really think we would reward you at the polls? Did you?
Your wounds are all self-inflicted. You turned the Democratic Party of JFK into the Social Democrat Party of Dean, Pelosi, Obama, Frank, Klugman, and ACORN. You turned government into an ultimatum and we picked "or else". You tried to make America into France, so we said, "au revoir". You thought your ends justified your means, so we introduced you to our ends. That’s what happened today - it wasn’t done to you by anyone else, you did it to yourselves.
The coalition of conservatives, libertarians, constitutionalists, and independents that purged unprincipled Republicans in the primaries and cleansed the Congress today will not go lay by our dish just because Nancy Pelosi has been dethroned. Our mission did not end yesterday, it has only begun.
So my advice to all of the new Republican members of the next Congress is this: don’t sign a three year lease on that townhouse in Georgetown. Do what we sent you to do and you will be re-elected; if not, then you will be tossed onto the gut-pile of phonies who say one thing to get our vote and then do another once they are in Washington.
You guys work for us, not the other way around. We fired the Republicans in 2006; they brought it on themselves. And we fired the Democrats today; they brought it on themselves. Here’s a tip: if you want to avoid being on the receiving end in 2012, try being a little nicer to the boss.
You have four jobs to do: revive the economy, revive the economy, revive the economy, and revive the economy.
You have just seen four years of what not to do from Nancy Pelosi, George W. Bush, Ben Bernanke, and President Obama. If they passed it, repeal it; if they raised it, cut it; if they banned it, liberate it; if they were for it, don’t do it; if they were against it, then let ‘er rip.
Yes, it is that easy. We did our part, now go do yours.
"Moment Of Clarity" is a weekly commentary by Libertarian writer and speaker Tim Nerenz, Ph.D. Visit Tim’s website www.timnerenz.com to find your moment and order his new book, "Tooth Fairy Government."
http://www.teapartynation.com/profiles/blogs/selfinflicted-1
Subscribe to:
Posts (Atom)