Thursday, March 22, 2018

2019 Budget Includes Massive Cuts to College Student Aid Programs

President Trump and Education Secretary Betsy DeVos released a fiscal 2019 budget Monday that rehashes many of the proposals floated by the White House last year. Among them are plans to ax loan forgiveness for public servants, alter the terms of income-driven student loan repayment and stop paying the interest on low-income students' loans while they are in school. Those three changes alone could increase the cost of higher education for borrowers by more than $200 billion over the next decade.

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Trump wants to consolidate five income-driven plans into one that shortens the payment period to 15 years for undergraduates but raises the monthly bill to 12.5 percent of income for both undergraduates and graduate students. Graduate students, though, would have to pay for longer: 30 years. What's more, future borrowers would no longer have the option of working as teachers or social workers to receive debt forgiveness after 10 years of loan payments.

Comments

FTA:

"At a time when millions of students are struggling under the crushing burden of student debt, it speaks volumes that President Trump and Secretary DeVos are proposing $200 billion in cuts to financial aid," said Sen. Patty Murray (Wash.), ranking Democrat on the Senate Health, Education, Labor and Pensions Committee, in a statement. "This is a complete 180 from the agreement Republicans and Democrats made last week."

#1 | Posted by ClownShack at 2018-03-21 11:09 PM

Brought to you by the "Party of There are No Differences Between the Parties".

#2 | Posted by truthhurts at 2018-03-21 11:13 PM

Republicans hate education.

They hate intelligent people.

Intelligent people tend not to be sheep.

They tend not to vote for conservative/republican agendas.

By destroying public education. Trump and DeVos are making sure the Republican Party will have conservative voters in the future.

#3 | Posted by ClownShack at 2018-03-21 11:13 PM

They're genuinely trying to discourage higher learning. You'd think grad school would be incentivized.

#4 | Posted by jpw at 2018-03-21 11:25 PM

He loves the uneducated.

#5 | Posted by BruceBanner at 2018-03-21 11:32 PM

There are two factions who vote republican.

The rich, who directly benefit from republican policies.

The undereducated, who are generally poor and too stupid to understand the detriments of voting for republicans.

#6 | Posted by ClownShack at 2018-03-21 11:57 PM

DeVos is the epitome of Republicanism.

Proud ignorance, wealth she didn't earn, scumbag spouse with ill gotten money and a desire to destroy anything that helps those not part of her worthless, life sucking class of inherited wealth dumbasses.

#7 | Posted by jpw at 2018-03-22 02:10 AM

if there's a real life Hannibal Lecter out there..i hope he has his sights on this harridan.but i'd settle for cancer

#8 | Posted by ABlock at 2018-03-22 08:44 AM

But wait, some of the posters here voted for this. Why are they not here posting? Ashamed? Embarrassed? Can't deal with an "I told you so?" Cowards.

#9 | Posted by danni at 2018-03-22 08:47 AM

Yup, keep people stupid so that vote Rep.

#10 | Posted by bat4255 at 2018-03-22 09:12 AM

If you want people to believe that you can cut taxes and increase spending without bad consequences you sure don't want them to be educated.

#11 | Posted by SomebodyElse at 2018-03-22 09:14 AM

They tell us that the reason there are so many people trapped in low wage jobs is education and those people need to get educated and get a "real" job. Then they do everything they can to make education yet another thing that only the already rich can afford

#12 | Posted by hatter5183 at 2018-03-22 09:19 AM

They tell us that the reason there are so many people trapped in low wage jobs is education and those people need to get educated and get a "real" job. Then they do everything they can to make education yet another thing that only the already rich can afford

#13 | Posted by hatter5183 at 2018-03-22 09:20 AM

They tell us that the reason there are so many people trapped in low wage jobs is education and those people need to get educated and get a "real" job. Then they do everything they can to make education yet another thing that only the already rich can afford

#14 | Posted by hatter5183 at 2018-03-22 09:20 AM

Wow a 3 peat. How does that happen? I only wrote it once

#15 | Posted by hatter5183 at 2018-03-22 09:25 AM

I am altering the deal, pray I don't alter it any further.

--Darth Vader

#16 | Posted by madscientist at 2018-03-22 09:37 AM

"But wait, some of the posters here voted for this. Why are they not here posting? Ashamed? Embarrassed?"

Soon to be the new GOP mantra:

"I didn't vote for Trump and I don't watch Fox News."

#17 | Posted by donnerboy at 2018-03-22 11:38 AM

This is why we are falling behind other countries. We make higher education as difficult as possible.

#18 | Posted by Sycophant at 2018-03-22 11:42 AM

- They're genuinely trying to discourage higher learning.

They are adding to their Base, the under-educated.

www.usatoday.com

#19 | Posted by Corky at 2018-03-22 11:48 AM

Republicans are Mencken fans....

"No one in this world, so far as I know -- and I have searched the records for years, and employed agents to help me -- has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has anyone ever lost public office thereby."

www.thisdayinquotes.com

#20 | Posted by Corky at 2018-03-22 12:04 PM

One way to keep those pesky 'Walk for Life' students compliant and quiet is to take away their path to college. Keep them working in the gravel pit, and they will not have the time or energy to protest...

#21 | Posted by catdog at 2018-03-22 12:33 PM

Here we have jr college and state u. Any poor kid can go to either. The first 2 years of undergrad are the same but state u is 5x more than juco. Why should taxpayers footbill for state u when juco is much more cost effective for phys ed, english comp and biology 1?

#22 | Posted by visiter at 2018-03-22 01:59 PM

www.cbpp.org

After adjusting for inflation:[3]
•Of the 49 states (all except Wisconsin)[4] analyzed over the full 2008-2017 period, 44 spent less per student in the 2017 school year than in 2008.[5] The only states spending more than in 2008 were Indiana, Montana, Nebraska, North Dakota, and Wyoming.

While I agree that the republican party would prefer a dumber and dumber base, funding for higher education has been far more widespread than just red states and just the GOP. It's a much more broad problem and it appears most states have cut funding for higher education.

#23 | Posted by eberly at 2018-03-22 02:08 PM

Damn white people. You really stuck our crank in a vice.

#24 | Posted by fresno500 at 2018-03-22 04:09 PM

#22 | Posted by visiter

It doesn't appear anyone is asking them to. This is mainly about student changing terms on LOANS. True there is loan forgiveness for public service but these are the kind of low paying jobs that require it. My cousin is teaching at a reservation in AZ for next to nothing on this plan.

Then there are the Pell Grants - those are intended to help low income people attend college. They CAN go a long way but don't come close to full coverage. So it doesn't really matter where you go.

I had first 2 year classes at both. I would take them at a community (jr) college over the State University anytime because the education is better but the atmosphere is NOT better at community colleges. The big 'but' here is not everyone who goes to the Universities would be able to attend community college for those classes - simply because there is a capacity issue. At major state universities they have auditoriums that seat hundreds and pile Freshmen and Sophomores into them. Then they have Teaching Assistants for handling the questions. If you expand community college to be able to handle all the students going to state universities you will start to have the same cost issues. Also, I pay special local taxes just for supporting the local community college.

#25 | Posted by GalaxiePete at 2018-03-22 04:29 PM

#23 | Posted by eberly

They absolutely have cut funding for higher education which is exactly what has drove the costs up by double digits for the past 3 decades. Then there is the shrinking demand in places like the Midwest (that is mostly about fewer kids period.) All that drives up credit rate charges.

#26 | Posted by GalaxiePete at 2018-03-22 04:32 PM

They're genuinely trying to discourage higher learning. You'd think grad school would be incentivized.

#4 | Posted by jpw

So.............. wtf do they do with a major in art history? There are over 3 million job openings in the US now. Most of them don't require 4 years of college and many pay well. Down side, you have to get your hands dirty.

#27 | Posted by Sniper at 2018-03-22 06:14 PM

So.............. wtf do they do with a major in art history?

Sell art, teach art, teach art history, curator at museums...You know, some of those positions that don't produce anything except a group of students with a well rounded education. Which, seemingly is no longer important to a sizeable portion of the voting public. And if you think none of those positions are ones where you get your hands dirty, your e just naive and ignorant. There's a label we use for people like that: Sad.

#28 | Posted by rstybeach11 at 2018-03-22 06:22 PM

So.............. wtf do they do with a major in art history? There are over 3 million job openings in the US now. Most of them don't require 4 years of college and many pay well. Down side, you have to get your hands dirty.

#27 | POSTED BY SNIPER

If you had gone to college, you'd know. Most companies don't care WHAT you majored in. They care THAT you graduated college because the major is only a PART of the requirements for graduation.

Case and point, the person next to me has a history degree and is in her 20's, but does business to business sales and will clear $100K this year.

#29 | Posted by Sycophant at 2018-03-22 06:41 PM

Down side, you have to get your hands dirty.

#27 | POSTED BY SNIPER

Hey dingbat.

If you actually had an education you would know that artists of many kinds get their hands dirty.

#30 | Posted by donnerboy at 2018-03-22 06:42 PM

"Drop out of school before your mind rots from exposure to our mediocre educational system. Forget about the Senior Prom and go to the library and educate yourself if you've got any guts. Some of you like pep rallies and plastic robots who tell you what to read. Forget I mentioned it."

- Frank Zappa - Freak Out!

#31 | Posted by john47 at 2018-03-23 08:38 AM

Down side, you have to get your hands dirty.
#27 | POSTED BY SNIPER

I find this humorous as I worked for a moving company for 20 years that only hired artists and musicians.
We got our hands very diŕty.

#32 | Posted by TFDNihilist at 2018-03-23 09:52 AM

So.............. wtf do they do with a major in art history?

I love it how people inevitably barf this stupid talking point whenever the topic of higher education comes up.

Leave that to them to worry about. Besides, how does it benefit anyone when we sneeringly deride art history graduate students so we can justify screwing over every graduate student, including those in STEM fields?

Because the art history sneer is just an excuse to ---- on education in general.

There are over 3 million job openings in the US now. Most of them don't require 4 years of college and many pay well. Down side, you have to get your hands dirty.

You'll get no argument from me that trades are a better path for most. Many of the people I knew in college who were there because they were supposed to be and got a generic psych or business degree with poor grades would have been better off in a trade.

#33 | Posted by jpw at 2018-03-23 01:40 PM

We've spent tons of money on education and our return on investment are ----- like JPW. That's like investing on bald car tires.

#34 | Posted by wisgod at 2018-03-23 01:47 PM

#34 exemplifies "Because the art history sneer is just an excuse to ---- on education in general."

#35 | Posted by snoofy at 2018-03-23 01:49 PM

and our return on investment are ----- like JPW. That's like investing on bald car tires.

#34 | Posted by wisgod

You do realize that your overcompensation doesn't fool anyone, right?

You're an angry, bitter, likely limp dicked waste of carbon.

And you advertise it every post you make.

#36 | Posted by jpw at 2018-03-23 01:54 PM

We all know the Military Industrial Complex. We should be very alarmed at the University-Bank Loan Complex. A whole generation of young people are forced into grueling debt to obtain a degree which neither guarantees them employment afterwards, nor an economically feasible way to pay it back.

#37 | Posted by moder8 at 2018-03-23 01:54 PM

Read some of the crap included.

www.theblaze.com

#38 | Posted by Sniper at 2018-03-23 01:54 PM

A whole generation of young people are forced into grueling debt

I wouldn't say they're forced.

And it wasn't too bad until the GOP decided student loan interest was a great revenue stream to boost so that they could give away more tax cuts to the wealthy.

#39 | Posted by jpw at 2018-03-23 01:58 PM

#38 I see nothing wrong with those items.

Get rid of the increase in DoD spending and the budget would be in a much better place.

#40 | Posted by jpw at 2018-03-23 02:04 PM

But at least the football teams still have big shiny stadiums.

#41 | Posted by moder8 at 2018-03-23 02:08 PM

"I wouldn't say they're forced". I rest my case.

#42 | Posted by wisgod at 2018-03-23 02:17 PM

But at least the football teams still have big shiny stadiums.

#41 | Posted by moder8

Not to mention bloated administrations pulling huge salaries.

The institution I'm at has at least two, I think maybe three, dean level positions for diversity and inclusion.

There is likely similar bloat elsewhere, that one just came to mind because they send out the most email spam.

#43 | Posted by jpw at 2018-03-23 02:20 PM

"I wouldn't say they're forced". I rest my case.

#42 | Posted by wisgod

It was a polite way of saying "you're incorrect".

But hey *high five* you had a somewhat complex thought today!

#44 | Posted by jpw at 2018-03-23 02:21 PM

And without a picture for you!

#45 | Posted by wisgod at 2018-03-23 02:36 PM

So.............. wtf do they do with a major in art history? There are over 3 million job openings in the US now. Most of them don't require 4 years of college and many pay well. Down side, you have to get your hands dirty.

#27 | POSTED BY SNIPER AT 2018-03-22 06:14 PM | REPLY

My Aunt majored in art history. For her graduate work she studied in France at the Sorbonne. Hitler overran France 2 weeks before her graduation. She stayed and was instrumental in smuggling over 2000 intellectuals out of France. She returned to the USA and was on the Roberts Commission (The monumnents men) and then got a job as the director of The Emergency Energy Commission at Princeton where this wild haired scientist named Einstein worked for her. She was twice awarded the congressional gold medal and has been portrayed in several movies and there is a documentary called weapons of the spirit that is used in schools that features Bill Moyers interviewing her. The art history major served her well

#46 | Posted by hatter5183 at 2018-03-23 06:21 PM

The art history major served her well

#46 | POSTED BY HATTER5183 AT 2018-03-23 06:21 PM | FLAG: Yes it obviously did, BUT just what the average Art History grad end up doing for a living?

Reminds me of talking to some of those working at the Dolphin Research Center in The Keys about how few actual positions out there for Marine Biology majors and most do not pay very well [as those working at the center]. It is great to attain a degree in a subject one has a great interest in,however, it also helps to find out the employment opportunities available after graduation.

#47 | Posted by MSgt at 2018-03-23 07:27 PM

"Yes it obviously did, BUT just what the average Art History grad end up doing for a living?"

Are you suggesting it's not something as worthwhile as invading Iraq for a living?

#48 | Posted by snoofy at 2018-03-23 07:31 PM

Meghan McCain, Dagen, McDowell, James B Lee (Vice chairman of Jp Morgan) were art history majors

#49 | Posted by hatter5183 at 2018-03-23 08:58 PM

#49 Art History majors crashed the economy...

Ban Art History majors!

#50 | Posted by snoofy at 2018-03-23 09:17 PM

The world needs a few Art History and gender politics experts and a lot of engineers, doctors, nurses, business types, etc. Unfortunately, a lot of kids are pushed into college and are taught (counselled) that maybe engineering is not for them and they should switch to a more appropriate (easier) major. When what they really should have said was "Maybe college is not for you". But I feel fairly certain that a counselor who actually said that a student should not be there would be fired in short order. Gotta keep them $$$$$$ flosing.

#51 | Posted by bogey1355 at 2018-03-23 10:17 PM

Lol "business types."

Remind me why we need you... I mean them?

#52 | Posted by snoofy at 2018-03-23 10:37 PM

I guess I could have said administrator, finance majors, economists, etc. But I thought you would get the idea. I guess I was wrong. My apolgies.

#53 | Posted by bogey1355 at 2018-03-23 11:07 PM

Corporate America wants 'Muricans just smart enough to run the machines but too stupid to see how they are ruining the country.

#54 | Posted by 726 at 2018-03-24 07:32 AM

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