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.