We need to kick the moneychangers out of our schools

2 posts / 0 new

Republicans Representative Virginia Foxx knows not to bite the hand that feeds her. Foxx made wildly insensitive remarks this week about American students – saying she has “very little tolerance” for young people saddled with student debt – which now tops one trillion dollars in America. The Center for Responsive Politics discovered why Foxx doesn’t care about student loan debt – it’s because she’s making big bucks from for-profit college corporations.

The organization found that in just the last year – Foxx has raked in nearly $50,000 dollars from the for-profit college industry, which encourages students to take out larger loans to meet higher tuition costs. The Department of Education found that one out of every six students at for-profit schools eventually is forced to default on his or her student loans.

And while President Obama is urging Congress today to not let interest rates on federal students go up, he’s facing a headwind of Republicans like Virginia Foxx who are lapdogs to the profiteers in our education system and don’t give a damn about America’s young people. We need to kick the moneychangers out of our schools.

Thom Hartmann Administrator's picture
Thom Hartmann A...
Joined:
Dec. 29, 2009 10:59 am

Comments

That's pretty amazing considering how when people post anti-money-changer information here they get banned all the time by the moderators.

antikakistocrat's picture
antikakistocrat
Joined:
Apr. 18, 2012 3:41 pm

Latest Headlines

As Obama talks of climate change in Alaska, oil giant Shell readies drills in the Arctic

And in 2041, the Antarctica could be opened up just as the Arctic has been

Scott Walker: Building a wall at the Canadian border might be "legitimate" idea

It's not just the southern border: Wisconsin Gov. Scott Walker says it's "legitimate" to discuss building a wall separating the United States from Canada, as well

Malaysia's democracy is in worse shape than we thought

Malaysia's ethnic groups, and thus Malaysia itself, are looking more and more divided

We’re at a Dangerous Climate Crossroads - Here’s How We Can Save the Planet

As President Obama tours the Arctic to raise awareness about global warming, we’re getting new evidence about just how dire a situation our planet is in.

In preparation for this fall’s big climate talks in Paris, 56 countries have come out with their own national targets for cutting greenhouse gasses.

Powered by Drupal, an open source content management system