Wednesday, June 5, 2013

Republican Hypocrites!! Concern over massive Student loan Debt in State, a mismatch for Rate Hike by Congressional Republicans.

Thank you Scott Walker, for freezing student tuition at the UW, and draining the surplus fund for new buildings and academics. That'll teach em. Soon they'll be begging once again for any kind of handout, or at least no funding cuts. Student debt is out of control, making life difficult once they're out in the job market and on the line for monthly payments. Thank god Walker has come to their rescue. From Channel3000:



But on a national level, Republicans don't seem to give a rats-ass about how much students end up pay for their student loans, if they're adding to big bank profits. Rachel Maddow points out how Republicans are unsuited for policy right now: 


EdWeek: Unless lawmakers act by July 1, interest rates on subsidized Stafford loans, available to those demonstrating financial need, will double from 3.4 percent to 6.8 percent. The same scenarioplayed out last summer, and students were able to persuade Congress to keep rates low—but just for one year.

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