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

Currently Chatting

The GOP war on workers has killed again...

It’s time to stop the conservative's war on working people in America.

Since the birth of our nation, conservatives have always been wary of average working-class Americans having too much political or economic power. John Adams, the second President of the United States and a Federalist (precursor to today’s Republicans), was very wary of the working class, which he referred to as “the rabble.”

Powered by Pressflow, an open source content management system