1. 15 May


    So get this, and pay close attention everyone who wants government to run healthcare and everything else. The Obama govt is due to turn a $51 billion profit on student loans for the past year , which is more than Apple, more than Exxon, double what Chevron made last year and more than the big 4 banks combined. And here’s the irony, a large proportion of the people who are being saddled by this debt voted for more government last year - believing that the private sector is Prime Evil. Even the Huffington Post is reporting it: http://www.huffingtonpost.com/2013/05/14/obama-student-loans-policy-profit_n_3276428.html

    So get this, and pay close attention everyone who wants government to run healthcare and everything else. The Obama govt is due to turn a $51 billion profit on student loans for the past year , which is more than Apple, more than Exxon, double what Chevron made last year and more than the big 4 banks combined.

    And here’s the irony, a large proportion of the people who are being saddled by this debt voted for more government last year - believing that the private sector is Prime Evil.

    Even the Huffington Post is reporting it: http://www.huffingtonpost.com/2013/05/14/obama-student-loans-policy-profit_n_3276428.html

     

  2. 11 May


    The White House proposes that the government forgive billions of dollars in student debt over the next decade, a plan that cheers student advocates, but critics say it would expand a program that already encourages students to borrow too much and stick taxpayers with the bill. Read more: http://illin.is/16nmikl

    The White House proposes that the government forgive billions of dollars in student debt over the next decade, a plan that cheers student advocates, but critics say it would expand a program that already encourages students to borrow too much and stick taxpayers with the bill.

    Read more: http://illin.is/16nmikl

     

  3. 10 May


    Student loans make up a growing share of debt for young people While millions struggle to get ahead, student debt is making it even harder for many to purchase things like homes and cars. Read more: http://nyti.ms/10ACUCq.

    Student loans make up a growing share of debt for young people

    While millions struggle to get ahead, student debt is making it even harder for many to purchase things like homes and cars. Read more: http://nyti.ms/10ACUCq.

     

  4. 3 May



    How the Sequester Affects Student Financial Aid

    Congress passed the Budget Control Act (BCA) of 2011, which put into place an automatic process of Federal budget cuts, known as the sequester, to take effect on March 1, 2013.

    Below is a snapshot of how the sequester affects student financial aid programs.

    Federal Pell Grants – No impact.
    FWS and FSEOG – No impact for the 2012-2013 award year but the awards will be reduced in the 2013-2014 award year.
    Federal Loans – Increase in fees for subsidized, unsubsidized and PLUS loans.
    Iraq-Afghanistan Service Grants – Awards where the first disbursement is made after March 1, 2013 will be reduced by 10.0 percent, an update from an earlier notice that stated the grant would be reduced by 37.8 percent.
    TEACH Grants – Awards where the first disbursement is made after March 1, 2013 will be reduced by 7.1 percent, — an update from an earlier notice that stated the grant would be reduced by 12.6 percent.

    http://ifap.ed.gov/eannouncements/030113ImpactofSequestrationonTitleIVFSAProg.html

    http://ifap.ed.gov/eannouncements/031513SequestrationTitleIVStudentFinancialAssistance.html

     

  5. 4 Jul


    owsposters: Recent College Graduates Are So Screwed Download the high-def pack

    owsposters:

    Recent College Graduates Are So Screwed

    Download the high-def pack

    (via elfboi)