Page 48 - Student Loan Program News Today

Do you think most people -- forget about the elites, do you think most people still believe that? >> i hope so. polls indicate that young people are increasingly estranged from capitalism. i think largely because of a great government effort to guarantee futures through the student loan program. $1.5 trillion of guaranteed money for students. those arent really loans. loans require a bank to scrutinize the borrower and its an intelligent learning process in capitalism. this is guaranteed money f...

Do you think most people -- forget about the elites, do you think most people still believe that? >> i hope so. polls indicate that young people are increasingly estranged from capitalism. i think largely because of a great government effort to guarantee futures through the student loan program. $1.5 trillion of guaranteed money for students. those arent really loans. loans require a bank to scrutinize the borrower and its an intelligent learning process in capitalism. this is guaranteed money f...

>> lauren: the 35 million americans found to fall on their student loan. at "the wall street journal" reporting thats double from four years ago. 74,000 students failing to make a payment in the latest quarter. is this the next bubble? with us now, political analyst ron mayer and daniel mclachlan. hi, there. we should do ladies first but we are going to start with you. are you worried about this? whats the cost of this the taxpayers? >> talking about 5 million people are in default right now. th...

Went through just now and so youre talking about massive student loan forgiveness and the next thing is for college. so we are saying look at start to be a very quick slippery slope unless we see some significant student loan reform and there are some good ideas out there but the numbers are staggering and frightening. >> lauren: talking about restructuring the student loan program in the way we do all of that, what do you see happening? cannot happen? >> i think what we will see we have to see ...

Stuff, joe. protesting donald trump is not a gainful means of employment. [laughter] >> no, you know, degrees in puppetry and -- david: yeah. >> -- cultural studies, pottery, whatever it might be, theyrey just not very valuable. but its interesting, if you look at the plot of where the most politically controversial colleges, they are all the most well off. theyre the most affluent. when you go down the scale, theres no political problems there, and thats where theyre learning actual technical s...

The student loan program the taxpayer money out the door. they also allow the universities to inflate their costs. it ends up in the vicious cycle of ever higher cost. an costs. an ever lower returns. that is one of the things ive gotten from washington. a four-year degree college which is taken a focus off of vocational training which is so important and high pain in many parts of this country. in the war that the obama administration also waged on a for-profit colleges. its ones are indeed act...

The student loan program the taxpayer money out the door. they also allow the universities to inflate their costs. it ends up in the vicious cycle of ever higher cost. an costs. an ever lower returns. that is one of the things ive gotten from washington. a four-year degree college which is taken a focus off of vocational training which is so important and high pain in many parts of this country. in the war that the obama administration also waged on a for-profit colleges. its ones are indeed act...

>> we just received responses to hundreds of written questions yesterday less than 24 hours before this scheduled vote. and with no time to fully review and ask any follow-up questions. though i will say, upon initial review, many of the responses look copied and pasted from previous statements or are simple reiterations of the law and no true responses at all. >> it is hard to imagine a candidate less qualified or more dangerous to be entrusted both with our countrys education policy and with t...

For the job. senator elizabeth warren questioned her qualifications to oversee the student loan program. >> have you ever taken out a student loan from the federal government to help pay for college? >> i have not. >> have any of your children had to borrow money in order to go to college? >> they have been fortunate not to. >> reporter: under questioning she at times struck to her script. >> will you insist upon that equal accountability in any k-12 school or educational program? >> i support a...

Dads want and deserve. >> reporter: republicans argue shes committed to reform but she was on the defensive from democrats who called her unfit for the job. senator elizabeth warren questioned her qualifications to oversee the student loan program. >> have you ever taken out a student loan from the federal government to help pay for college? >> i have not. >> have any of your children had to borrow money in order to go to college? >> they have been fortunate not to. >> reporter: under questionin...