The Washington Independent

Posts Tagged student loans

Rep. John Kline calls Obama student loan plan a ‘mistake’

By | 10.31.11 | 1:01 pm | More from The Minnesota Independent

Rep. John Kline, who chairs the House Education and Workforce Committee, slammed President Obama’s plan for student loan relief Monday as a “mistake,” saying it will do nothing to help workers looking for jobs.

Obama in Denver promises action, with or without Congress

By | 10.26.11 | 4:37 pm | More from The Colorado Independent

Image by Matt MahurinDENVER– As anticipated, President Barack Obama detailed his plan Wednesday to use an executive order to ease the burden of student loan debt for millions of Americans during a Wednesday address at the Auraria Higher Education Center.

Student loan defaults rising as Obama and GOP propose cuts to Pell Grants

By | 04.28.11 | 11:18 am | More from The Iowa Independent

Image by: Matt MahurinStudent loan defaults are on the rise, according to a new federal tracking system. For students who began repaying their loans in 2008, 13.8 percent have since defaulted. For profit institutions had 25 percent of their graduates defaulting after three years, and public four-year colleges had 10.8 percent of their More…

Education Department fails to discharge disabled student loan borrowers

By | 02.15.11 | 5:14 pm

People with recently-acquired disabilities have been swimming through an endless sea of red tape to get the U.S. Department of Education to forgive their student loans. And in a joint investigation, ProPublica and the Center for Public Integrity uncovered evidence that the department has been repeatedly rejecting applications for More…

Maddow highlights Foxx’s desire to dismantle student loan reform

By | 01.07.11 | 4:50 pm

Virginia FoxxThe North Carolina Independent News reported this week on the new chair of the U.S. House Subcommittee on Higher Education, Lifelong Learning, and Competitiveness, North Carolina Republican Rep. Virginia Foxx and her priorities for the new U.S. Congress. MSNBC’s Rachel Maddow took notice and included it

Big Finance and Higher Education

By | 08.16.10 | 12:56 pm

Today, there are two stories worth reading on the nexus of big finance and education. The first, in The Chronicle of Higher Education, reports that Nelnet — a Nebraska-based lending conglomerate — Sallie Mae, and other lenders will pay fines for defrauding taxpayers out of $1 billion:

Health Reconciliation, Student Lending Reform Are Law

By | 03.30.10 | 12:51 pm

President Obama this morning finalized (sort of) the Democrats’ sweeping health care reforms, signing into law the reconciliation bill that refines the larger reforms he enacted last week. Aside from tweaking the Senate’s version of the health care bill, the reconciliation measure also includes More…

Reconciliation Bill on Its Way to the White House

By | 03.25.10 | 9:02 pm

For the second time this week, the House tonight passed a health care reform bill designed to complement the larger reform package that President Obama signed into law Tuesday.

The vote was a technicality. The House had passed the bill Sunday night, sending it over to the Senate. More…

What’s That Word for People Who Will Do Anything for Money?

By | 03.12.10 | 6:22 pm

David M. Herszenhorn at The New York Times points out a curious thing happening in the midst of the debate over student lending reform: Although the plan to eliminate billions of dollars in taxpayer subsidies to private lenders originated, by some accounts, with President Bill Clinton, it’s now More…

Capitol Hill Democrats Represent Deficit Roadblock

By | 03.12.10 | 6:00 am

As Capitol Hill Democrats consider proposals to pull the country out of its huge deficit hole, they’re repeatedly running into a formidable impediment: themselves.

On issues as diverse as health care and student lending, provisions designed to rein in deficit spending have all run smack into the ubiquitous inclination of More…