And So I Go: Yesterday, Today and Tomorrow

>>Student Loan in House Health Care Resolution Bill Favors Minority Students

Posted on: March 20, 2010

This is from Maggie Thornton of  Maggie’s Notebook (Maggie Thornton) .  Thank you Maggie.

I am disgusted with the government take over of the student loan industry even tho I feel young people are being defrauded by the private bankers.  This is like health care and instead of fixing the things that are wrong Obama and his crowd just take it over into a bigger government program.  Then when I read some of the objectives of the program I was infuriated that minority students (Blacks and Hispanics) will have a huge advantage over Whites and Asians.  And let’s face it people since the numbers are out there for all to see:  the Blacks and Hispanics score lower on all achievement testing than Whites and Asians.  We have already seen our public schools “dumbed down” so now we will see our colleges and universities “dumbed down”.  This will not benefit the Black and Hispanic students one bit because the school in order to keep getting the federal dollars will teach to the poorest student in the class so instead of a challenge and demanding more of the individuals it will accept the lowest denominator. Oh well, if our first American Black President thinks the United States has 57 states then what can we expect from anything that comes from him or his administration? BB

Student Loan in Health Care Favors Minority Students

Posted: 19 Mar 2010 09:13 AM PDT

Little surprise that children of citizens paying the largest share of the nation’s tax revenue are at the bottom of the list for benefits.

This source via PowerLine:

The new package also promises new aid for colleges serving minority students, using money the government is supposed to save by no longer paying banks to make student loans. Included are annual payments of $100 million for schools with large numbers of Hispanic students, the same amount for colleges with many black students, and millions more for schools with large numbers of native Americans and other minorities.

This hugely bloats the estimate of $100 million in the above paragraph: Rep. George Miller’s Committee on Education and Labor website about the Student Loan provision in the health care bill:

…invest $2.55 billion in Historically Black Colleges and Universities and Minority-Serving Institutions. This bill recognizes the important role that minority-serving institutions play in educating our country’s low-income and minority students by continuing the funding provided in the 2007 education reconciliation bill for Historically Black Colleges and Universities, Hispanic-serving Institutions, Tribal Colleges and Universities and other MSIs.

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