OBAMA’S STUDENT LOAN REFORM BILL WAS SIGNED TODAY

One of the reasons jobs for college students are in such demand is because of the high price of tuition. College tuition has spiraled out of control over the last 20 years and it is a shame for those young adults now dealing with having to pay those inflated costs. Almost all students going to college need a job and they need one now!

Unfortunately, President Obama is not going to do anything to directly combat the problem like lowering those costs. Instead, he has just signed the new student loan bill that will give more government control to the bureaucrats in Washington D.C..

When in our nation’s 200+ year history has a good thing happened when the government took control? The post office is losing millions of dollars a year and thinking of doing away with Saturday deliveries to compete with it’s private sector competitors like FedEx and UPS. Social Security has long been bankrupt as there is more money going out to Baby Boomers than coming in. Additionally the politicians have “borrowed” all the money in the Social Security coffers to pay for their pet projects and there is nothing left. And then there is Medicare and Medicaid where any senior citizen will tell you it is hard to find doctors that will accept either of the two because they don’t pay the doctors enough.

Any reasonably smart person can realize that the government fails in most everything it takes on. So now we are going to have the new Obama student loans bill (which won’t change anything till 2014) that will take loans out of the private sector and put them under the jurisdiction of the federal government. He says the government can loan money to students at a lower rate than the banks and lending institutions do now.

But that would mean that the government is deciding who does and does not qualify for a student loan. Are we going to have quotas that have to be met? Is your child going to be denied a loan because of their skin color or because they come from parents who have too high an income? Is this the road we really want to go down?

There may be some good things that come out of this bill like the expansion of Pell grants and it will make student loans easier to repay in some cases. However, the real problem for most students is the ridiculously high cost of tuition, books, and room and board. It costs an arm and a leg to go to college and this bill does nothing to change that. It looks like the availability of jobs for college students will continue to be the determining factor of whether many students can afford to pay for a college degree. They need work during the school year and over the summers as well which means they need to be working year round. Whatever happened to those good years of young adults going to college and having fun learning and socializing? It looks like those times are gone for good.

6 Comments

  1. Thinking Americans says:

    Fuck you.

  2. Jobs for college students says:

    This is a typical response from a liberal. Nothing more to say than those two words? Go get a job.

  3. Hunger says:

    Someone’s arrogant. *cough, you*

    Instead of stating complaints on a blog, why not write letters in suggestion of reform? If Obama complained about health-care instead of proposing his reform and defending/pushing it then where do you suppose he’d be today?

    After growing up in total chaos under Bush, the change is refreshing. I’m not sure how to go about pressing colleges to reduce tuition fees. Colleges are businesses, and they sell education. Besides, it’s too early to say what could come of this for sure, but I do admire that you laid out some prediction instead of saying nothing at all.

  4. Jobs For College Students says:

    College students should hate Obama’s health care reform more than any other group! Sure, you can get insurance from Mom and Dad until age 26 but after that you have to buy your own. YOU HAVE TO EVEN IF YOU DON’T WANT IT. Many young people don’t want or need health insurance becuase they are healthy and at very minimal risk. Now they are going to have to pay for it and their money is really going to subsidize older people. College kids should hate government control and the takeover Obama is orchestrating. What’s wrong with you?

  5. A college student says:

    Jobs for college students–I agree completely with what you’ve said. The government needs to become less involved in our lives, not more. I have taken student loans out from Sallie Mae and I have no complaints at all. You get what you sign up for. The only thing that could hinder you from getting loans is your credit score, not your sex or race.

    And Hunger, you really can’t blame Bush for what happened in his eight years of being president. WE THE PEOPLE elected him. And would you really be happier with one of the democrats he went up against? I know I sure as hell wouldn’t be. The guy just got voted in at a shit time. People bitch because we went to war, and people would bitch if we hadn’t. Personally, it doesn’t really affect you too much, and at least the war provided tons of our citizens with jobs. Sad, but true. So stop blindly believing what your professors tell you and start doing what they ought to teach you to do at college: THINK!

  6. Justin says:

    Look people, Im a student and I can’t find a damn job. While you idiots complain over some political ideology, there are actually REAL people who are suffering.

    So please, Im a undergrad student and I need a damn job. Thank you

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