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    College (Loan) Football: The Looming Interest Rate Hike

    Over the weekend, President Obama urged Congress to prevent a pending interest rate hike on student loans. While he argued that failure to keep interest rates low would be a “tremendous blow” to students, he failed to note that federal overreach into the industry is largely to blame in the … More

    Morning Bell: Obama’s Student Loan Gift to Occupy Wall Street

    In the 2008 election, Senator Barack Obama reached out to young Americans with a fresh message that appealed to their dissatisfaction with the nation’s political process. He called it hope and change, and he connected with their hearts and minds with such success that he captured 66 percent of the vote … More

    Pushing Basket-Weaving College Loan Debt onto Working-Class Taxpayers

    President Obama’s “blame conservatives” rhetoric was on full display yesterday as he described his plan to provide relief to students overburdened by loan debt that they voluntarily assumed. “We can’t wait for Congress to do its job, so where they won’t act, I will,” Obama told a crowd of Denver college … More

    Occupy Wall Street Is No Tea Party

    The past few years have witnessed the rise and fall of several left-leaning political fads, each touted as a response to the rise of the Tea Party Movement: the Coffee Party, One Nation, and Jon Stewart’s and Stephen Colbert’ s Rally to Restore Sanity. A month after the Wall Street … More

    Morning Bell: We Can’t Wait Either, Mr. President

    Take a stroll through your neighborhood Occupy Wall Street protest–whether it’s in New York or Chicago, Detroit or San Francisco–and you’re likely to see a recurring theme emblazoned across cardboard signs: redistribute wealth from the 1 percent to the 99 percent, all in the name of fairness, whether or not … More

    Obama’s Upcoming Student Loan Announcement

    On Wednesday, President Obama is expected to make an announcement regarding student loan debt. He is expected to propose relief for students struggling to make student loan payments. While it’s unclear what exactly President Obama will propose, economist Richard Vedder calls the idea of student loan forgiveness “the second-worst idea … More

    College is about to Cost You Even More

    The New York Times and Washington Post are reporting that an agreement has been reached to include a federal takeover of student loans as part of the forthcoming reconciliation package. The New York Times reports: Democratic Congressional leaders struck a tentative agreement on Thursday that breathes new life into President … More

    The Public Student Loan Option

    In a preview of the State of the Union address, President Obama has recommended a plan to help students pay off their debt – with taxpayer dollars, of course. As Politico reports: The Obama-Biden Administration will make student loans more affordable by limiting a borrower’s payments to 10 percent of … More

    A Bailout? A Fraud? or Both?

    Great editorial from the Wall Street Journal exposing the mendacity of liberals trying to pass a bill that will allow the federal government to buy student loans directly from privately lenders. The WSJ links to a letter from Rep. George Miller (D-CA) claiming his bill “will carry no cost for … More