Page 49 - Student Loan Program News Today

She didnt attend or appreciate public schools and she has limited experience leading such a big agency. even some republicans believe she had a rocky hearing. that doesnt mean she wont be confirmed. a bruising confirmation hearing for donald trumps pick for secreta secretary of education. betsy devos is a michigan billionaire. for decades, shes been a vocal advocate of charter schools, investing time and money trying to overhaul americas classrooms. believing that tax dollar theed be diverted fr...

The first thing to know about the nominee to be for secretary of education, shes sitting not just on one but two enormous family fortunes. betsy devoss is very wealthy and the sheer amount of her wealth and the sprawl of her financial interests makes her difficult to vet. you have got to know what shes got in terms of assets and financial entanglements in order to know where she may have a conflict of interest her new job. how do you sort that out? mrs. devos and her husband have investments in ...

Mrs. devos and her husband have investments in 250 companies registered to a single address in grand rapids, michigan. 2 250 companies at one address and thats one sliver of their holdings. the "wall street journal" says she has indirect stake in a student loan company. going to be education secretary? its complicated but they oversee the student loan program. its important to understand that she has a conflict of interest or if she doesnt. another question, more than $5 million in fines that he...

Mrs. devos and her husband have investments in 250 companies registered to a single address in grand rapids, michigan. 250 companies at one address and thats one sliver of their holdings. the "wall street journal" says she has indirect stake in a student loan company. going to be education secretary? its complicated but they oversee the student loan program. its important to understand that she has a conflict of interest or if she doesnt. another question, more than $5 million in fines that her ...

Its gotten health care for 18 million people. people dont always realize its also contributed to the slowest health care cost growth in 50 years. but tucked into the end of obamacare there was also a government takeover, the student loan program that freed up $40 billion for pell grants, for low-income students. so theres just been a lot going on. and i think thats been part of their communications problem, you know, then again, and they like to blame everything on communications when you look a...

Health care cost growth in 50 years. but tucked into the end of obamacare there was also a government takeover, the student loan program that freed up $40 billion for pell grants, for low-income students. so theres just been a lot going on. and i think thats been part of their communications problem, you know, then again, and they like to blame everything on communications when you look at what happened in 2010 and in 2014, it may be just that, you know, theres been a lot of change and americans...

Around the idea that you actually have to have hold colleges accountable. they cant just keep raising tuition year after year. so what is in secretary clintons plan is a provision that essentially says were not going to give federal money and the federal student loan program towards amenities. towards your college reck center. instead it has to go towards learning. weve heard rubio say the same thing. weve hear republicans say we have to have price controls on colleges. the fact is colleges dont...

President obama, though, making sweeping changes to the student loan program, potentially helping to make millions of borrowers payments more affordable. but taking on debt often leads to thousands of graduates putting off saving. today the total student loan debt here in the u.s., get this, now exceeds $1 trillion. all of which raises the question, are too many people taking on student loans who cant afford them? joining me is oliver porsche, thank you so much. >> thank you for having me. >> we...

Students. look what im doing for the economy. >> didnt he nationalize the student loan program? >> yes. >> our taxpayer money that lends the money to students. now hes going to extend the period at which they can pay back at a rate which is going to be less income. it is going to be based on their income? >> that is correct. what youve got here is the taxpayer footing the bill some way down the road, years down the road. and we dont know what that bill is going to be, but it is going to be a bil...

Endowment, those are symptoms of bigger problems. >> your point about the -- >> dr. malveaux, hang on one second. we have to take a quick commercial break. our endowment here at msnbc is not large either. weve got to -- >> but youre going to grow it. >> were going to take a quick break. when we come back, i want to spend time talking about the effect of that recent change to the federal student loan program in this country. what that has meant for hbcus specifically. well continue the conversati...