Student Debt Can Be Fixed

One of the biggest issues that many Millennials are dealing with is their student debt…..which in most cases these days is massive. Many are looking to the candidates for an answer to their misery.

I am happy to say that all my years in college was paid for by my G.I. Bill and some scholarships….but nowadays students are not so lucky….most of them are saddled with massive debt thanx to getting an education.

Congress needs to grab their nuts and do something about this problem…..and they can if they would just grow a pair……

Students borrowed approximately $91 billion in federal loans in 2018, bringing the total outstanding loan balance to nearly $1.5 trillion.1 For many, college would not have been possible without such readily available financing, but the burden of debt has become too much. More than 1 million borrowers default every year,2 and millions more are stuck in what feels like an endless cycle of interest payments3 and benefits applications.4 Borrowers of color, in particular, are struggling to repay their debt, exacerbating long-term inequities and causing higher education to be more of a gamble than was promised.5

All of these woes are part of the college affordability crisis, but they are also part of a more arcane problem: The United States’ federal student loan repayment system is broken. This year, however, Congress has a chance to fix it.

The stars seem to have aligned for a long-overdue reauthorization of the Higher Education Act (HEA),6 the country’s primary legislation governing postsecondary education. Senate Education Committee Chairman Lamar Alexander (R-TN), who plans to retire at the end of the current congressional session, will likely be motivated to burnish his legacy by passing the first HEA reauthorization in more than a decade.7

Since HEA was last updated in 2008, the loan system has moved to 100 percent direct lending through the federal government.8 This completely federalized system has resulted in many benefits: less on-the-ground industry influence in lending;9 repayment programs that are unavailable in the private market;10 and, though it may seem ironic given the current dissatisfaction with the repayment system, stronger consumer protections.11 Perhaps most importantly, the transition to direct lending saves the federal government roughly $6 billion per year—funds that have resulted in an infusion of $36 billion of mandatory funding into the Pell Grant program over the past 10 years.12

Nevertheless, now that direct lending has been the primary federal loan system for nearly a decade, it is time for a major revamp to address modern problems.

https://www.americanprogress.org/issues/education-postsecondary/reports/2019/03/07/467005/congress-can-fix-student-loan-repayment/

The idea of a free college education is a great idea but will not fly……however the system of debts needs reforming if not changing…

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Closing Thought–13Mar19

Poor go to work

The Rich go to college

A whole new story on how the rich get their larvae into college….they buy their way into academia…..

It’s the biggest college admissions bribery case the DOJ has ever prosecuted, and it has snared some pretty big names: Actresses Felicity Huffman and Lori Loughlin were among those indicted for mail fraud Tuesday in an alleged bribery scam. The latest:

  • A name fit for Hollywood: The investigation is called “Operation Varsity Blues,” and CNN cites US Attorney for Massachusetts Andrew Lelling’s description of most of those indicted: 33 parents; 9 coaches (from schools including Yale, Stanford, USC, Wake Forest, and Georgetown) in sports like soccer, water polo, tennis, and volleyball; one college administrator; two SAT/ACT administrators; and an exam proctor. The AP reports a former soccer coach at Yale pleaded guilty and helped prosecutors make their case.
  • At the center of it all: … is allegedly a man named William Singer. He ran a college-prep company called the Key and allegedly facilitated the scheme. Prosecutors claim he bribed college coaches to put individual students on a recruited athletes list, though CNN notes the coaches were aware the students weren’t recruitable players. NPR reports that in the case of a Yale women’s soccer recruit, the student didn’t even play soccer. Per the indictment, parents in one case allegedly had fake photos taken of their child participating in sports. Charges against Singer include racketeering conspiracy.
  • The timeline: Prosecutors say payments were made to Singer between 2011 and February 2019. Per NPR, parents typically allegedly paid $250,000 to $450,000, but one is said to have forked over $6.5 million. Singer’s alleged total take: about $25 million.
  • Words come back to haunt him: In a January interview with Parade magazine, Huffman’s husband, William H. Macy, had this to say of their 18-year-old daughter: “She’s going to go to college … We’re right now in the thick of college application time, which is so stressful. I am voting that once she gets accepted, she maybe takes a year off. God doesn’t let you be 18 twice… But it’s just my opinion, and we’ll see what she wants to do, what Felicity thinks and how the chips fall.”
    The allegations against Huffman: People reports the feds say they taped calls between the 56-year-old actress and a cooperating witness about an alleged SAT scam. A chosen proctor was reportedly sent to West Hollywood and allegedly allowed the teen to have extra time and changed her incorrect answers.
    The allegations against Loughlin: She allegedly paid $500,000 to get her daughter “recruited” for a rowing team. Her husband, Mossimo Giannulli, was also charged.
  • Other parents: The AP lists executives among those indicted: Law firm co-chair Gordon Caplan of Greenwich, Connecticut; marketing company CEO Jane Buckingham of LA; packaging company founder Gregory Abbott of New York; and finance CEO Manuel Henriquez of Palo Alto.
    Who hasn’t been charged: Authorities say the schools aren’t targets, and no students were charged, with many unaware of what was even going on. Macy was not charged; prosecutors did not say why.
    Initial fallout: The AP reports Wake Forest University has suspended head volleyball coach Bill Ferguson, who is “accused of accepting $100,000 to recruit a student who had been on Wake Forest’s wait list

I do believe that we have an answer on how an idiot got through a prestigious business school….

Need we say more?

Just Where Is That?

About 30 years ago my late uncle was visiting from New Mexico and had his retirement check forwarded to our house….when it arrived he went to a local bank branch to cash it and they told him that any international transactions had to be done at the main branch downtown….I remember thinking that it was stupidity that these people did not know that New Mexico was an American state and not some province of Mexico….

They may have been misinformed 30 years ago…..and not much has changed in those long 30 years….

New Mexico is among the 50 states, everybody knows that. Well, everybody but a clerk and supervisor at the Washington DC Courts Marriage Bureau. Just ask Gavin Clarkson, a New Mexico resident who recently got a marriage license in the country’s capital (which is not a state). When Clarkson (whose now-wife Marina lives in DC) handed over his New Mexico driver license to prove his identity, the clerk refused it and instead requested an international passport, the Las Cruces Sun News reports. Clarkson protested, and the clerk checked with a supervisor.

“They come back and say ‘my supervisor says we cannot accept international driver’s licenses. Do you have a New Mexico passport,’” Clarkson, a recent candidate for New Mexico secretary of state, recounts in a Facebook post. Clarkson says the clerk even complimented him on his command of the English language (though it’s his wife, who is from Argentina, who has a slight accent). About 20 minutes later, everything was sorted out and the clerk apologized. “We understand that a clerk in our Marriage Bureau made a mistake regarding New Mexico’s 106-year history as a state,” a DC courts rep told the Sun News. “We very much regret the error and the slight delay it caused a New Mexico resident in applying for a DC marriage license.”

Seems student still do not pay attention in class…..

Saaturday is a bust…time to kick back and do what I do best….relax!

Closing Thought–22Oct18

I have always been an opponent of the military in our schools…..I feel that the students should be focused on their studies and not on whether they would make a good Marine in high school……if one chooses to be a soldier then apply to a military school like Our Dear Leader did in his youth (of course that was as close as he got to being a real soldier)….

The Army is failing to attract those young ones and is changing up its recruiting style…..

Recruiters armed with new marketing campaigns and technology will target cities where the Army has struggled to engage potential soldiers as part of a revamped strategy to fill the ranks.

The service is taking a holistic approach to updating its recruiting and marketing enterprises, which have gone years without proper review, Army Gen. Stephen Townsend, chief of Training and Doctrine Command, said Tuesday. The lack of assessment has left current recruiters poorly outfitted to engage their targets — about 30 percent of men and women ages 17 to 24 who qualify to join the military.

https://www.stripes.com/army-targets-young-americans-in-new-ways-for-recruiting-1.551040

To my young readers….DO NOT believe the hype!  The Army cannot guarantee you a spot of your choice because that is determined by a battery of tests that are given AFTER you sign on the dotted line.

Please think carefully before signing……keep in mind that this country is in wars all over the planet….your chances of deployment to a war zone is very good.

Bend Me, Shape Me…..

I begin my Sunday with some thoughts on exercise…..

Just a thought about those Yoga Nazis.

People who think that their exercise routine should be the routine for everyone.  Those people that give stink face to anything (meat) cooked on a grill.

I read an article about some school districts that are banning yoga from the campuses….

Is it because those pants are too revealing?  Is it because people are being tied in knots and injuries abound? Why would Yoga be banned?

In certain parts of the United States, it’s getting more and more likely that rather than a game of dodgeball in gym class or a round of Heads-up, Seven-up as a break between lessons, students will instead find themselves doing downward-facing dog. The internet is saturated with yoga-based lesson plans, teacher-training courses, and “mindful” music playlists designed for schools, while programs for certified yoga instructors who want to bring their practice onto campus have also gained popularity.

While up-to-date data on the prevalence of school-based yoga is hard to come by, a 2015 survey led by the New York University psychologist Bethany Butzer identified three dozen programs in the United States that reach 940 schools and more than 5,400 instructors. School-based yoga programs, Butzer and her co-authors concluded, are “acceptable and feasible to implement.” The researchers also predicted that such programs would grow in popularity.

https://www.theatlantic.com/education/archive/2018/09/why-schools-are-banning-yoga/570904/

Interesting that religion is the reason….not some physical thing….or some wardrobe malfunction……but rather religious competition…..

But then again it is a different age…..

Whatcha think?

Me?  I’ll stick with my walking and my cheeseburger…..

I hope you have a ducky day…I shall….chuq

Reading Is Essential!

Autumn began last week……that much closer to some cooler weather and down here that is important……

One of my crowning achievements is imparting my love of reading and books onto my daughter and now onto my granddaughter.

I have about 2500 books in my library and less then 10 books of fiction.  To say I love reading is an understatement….I like the feel of the pages, the smell of an old book….all in all I love books.

Recently the push has been for “books on tape” (audio books) this lets people “read” a book while driving, jogging, even when having sex (but I would not try this if one wants to keep breathing)…..this lets people expand their knowledge and their enjoyment of literature.

I admit it that I have been a critic of “books on tape”……well the truth is I have been a book snob.  I felt that something was being missed by listening to your book instead of reading it.

Well, like everything someone has done a study on this subject……

Even for people who love books, finding the opportunity to read can be a challenge. Many, then, rely on audiobooks, a convenient alternative to old-fashioned reading. You can listen to the latest bestseller while commuting or cleaning up the house.

But is listening to a book really the same as reading one?

“I was a fan of audiobooks, but I always viewed them as cheating,” says Beth Rogowsky, an associate professor of education at Bloomsburg University of Pennsylvania.

http://time.com/5388681/audiobooks-reading-books/

I will withdraw to the “War Room” and kick back and do whatever the Hell I want…..I love being retired.

Let’s Go To The Lesson Plan

I have been bitching about the direction our educational system is going…..it sucks.

First, there is an uptick in home schooling basically because of all t3 school shootings parents want their kids safe and they believe that home schooling will give them that safety.  (this is the subject of a future post)

Also I have been reading about just how bad the education has become in some of the private schools….the science is bad, the history is laughable and all other aspects are getting worse with each passing year.

For instance a recent study illustrates why our children are getting dumber……

Some private schools in Florida that rely on public funding teach students that dinosaurs and humans lived together, that God’s intervention prevented Catholics from dominating North America and that slaves who “knew Christ” were better off than free men who did not.

The lessons taught at these schools come from three Christian publishing companies whose textbooks are popular on many of about 2,000 campuses that accept, and often depend on, nearly $1 billion in state scholarships, or vouchers.

At the Orlando Sentinel’s request, educators from Florida colleges and school districts reviewed textbooks and workbooks from these publishers, looking at elementary reading and math, middle school social studies and high school biology materials.

They found numerous instances of distorted history and science lessons that are outside mainstream academics. The books denounce evolution as untrue, for example, and one shows a cartoon of men and dinosaurs together, telling students the Biblical Noah likely brought baby dinosaurs onto his ark. The science books, they added, seem to discourage students from doing experiments or even asking questions.

http://www.orlandosentinel.com/features/education/school-zone/os-voucher-school-curriculum-20180503-story.html

All in all this is shoddy education and a disservice to the children that want to learn…..there is NOTHING accurate in these textbooks…..

I am glad I was a public education kid…the textbooks may have been old but at least they were as accurate as they could be in those “dark days” of 60 years ago.

These people are helping make a nation of morons.

Our children deserve the best education the society can provide….this story ain’t it.