Showing posts with label student loans. Show all posts
Showing posts with label student loans. Show all posts

Sunday, April 6, 2014

Ryan's student loan lies and his not so sneaking way to throw the poor off Medicaid.

The conservative echo chamber believes in the following; federal student loans have increased tuition, and block granting Medicaid offers states the flexibility to shape their own programs and saves money.

While many countries provide their citizens with a free college education, we don't: Instead of free, the GOP would like to make life more difficult by making us shop for everything, like a student loans, health care and soon, K-12. Imagine if all these things were provided through a general tax, and we could focus our energies on so many other things.

Republicans have been setting up the student loan program to fall for years: State Republicans continue to cut funding for their public colleges, forcing tuition increases. And on the other side, congressional Republicans blame the tuition increases on the availability of federal funding. Their con is to do away with the governments affordable student loan program and give banks the freedom to make even bigger profits. Sen. Elizabeth Warren would instead lower student loan interest to just above 3%.
Warren’s latest proposal would allow students and former students to refinance old loans at current government-subsidized rates. She proposes paying for the losses to the government by levying bigger taxes on top earners. “It’s billionaires or students. Where do we want to make our investment?” Warren asked a Washington audience recently.
Democratic Rep. Ron Kind quickly responded to Paul Ryan's latest proposal with this reality check:
Students --CUT $145 billion in education funding and $90 billion in Pell grants. Students would also be charged interest on their loans while still in school.
The solution is easy; Republicans need to start funding state colleges again, and get behind the idea of an educated public. Use general revenues to shore up our public schools and colleges-lower tuition's.

Medicaid, it's all "philosophical?" What Scott Walker did to the poor on Badgercare is mild compared to what he could have done if the federal government didn't regulate (strings attached) the use of funding. Paul Ryan wants to get rid of the strings. It's a "philosophical" thing, and a very brave "it doesn't effect me" move that only tramples on the unhealthy.

From Political Capital, Ryan amazed host Al Hunt at how disconnected he was to the reality of the problem:


Tuesday, May 22, 2012

In op ed column, Ryan hides the truth about student loan rate increase

Think Progress reports:
Unless Congress acts, interest rates on federal student loans will double from 3.4 percent to 6.8 percent in July. House Republicans have been blocking efforts to prevent the increase, saying they will only agree to do so if Democrats gut a preventive health care fund.
The House Republican budget — authored by Budget Committee Chairman Paul Ryan (R-WI) — called for allowing the increase to occur. The House Republican budget also calls for cutting nearly one million students off of Pell Grants. But in an op-ed Ryan wrote over the weekend for the Wisconsin State Journal, he claimed that Republicans are just attempting to tackle “tuition inflation” with their plan for student loans.
Ryan managed to write the entire op ed column without ever mentioning the coming increase in the interest rate.