Page 50 - Student Loan Program News Today

I think that is obscene. i dont think the student loan program should be designed so its making profits for the federal government. i think it is obscene for the federal government to make profits like this measured in billions of dollars off the backs of our students. >> senator elizabeth warren of massachusetts trying mightily to upset the apple cart on student loans last month. back with senator warren, a book out "a fighting chance." you introduced this legislation on student loans as soon a...

It seems to me we are taxing students. i think that is obscene. i dont think the student loan program should be designed so its making profits for the federal government. i think it is obscene for the federal government to make profits like this measured in billions of dollars off the backs of our students. >> senator elizabeth warren of massachusetts trying mightily to upset the apple cart on student loans last month. back with senator warren, a book out "a fighting chance." you introduced this...

Graduate school. you all wanted answers to big questions, especially whats happening on the hill and who are those in power doing about this struggle? we invited kir sister gillibrand to discuss the track record and introduce her own proposal for fixing it, the federal student refinancing act. senator, thank you for being here. >> pleasure to be on. >> youve introduced a plan that would give those with student loans who risk paying more than 6% interest the opportunity to refinance at the fixed ...

Government has not figured out how to use it as well for its own governing purposes but think that will come as well. for example, when the white house has initiative in congress it off then uses social media to encourage people to speak up as it did, for example, when congress was really reluctant to extend the student loan program. created pressure using social media. congress went along ultimately. that is the sort of thing that the internet can allow governors to do if they have support. jen...

>> yeah. >> we will chat after this. >> neil: ben, what do you think? >> i love online learning. incredibly great ideas. fabulous innovation in education. if you have a kid who is willing to study and learn and grow himself in to it you have a rare kid. such a kid can benefit greatly from a liberal arts university or engineering college. but for the rest of them who are there getting high all the time its a colossal waste of money and drain on the taxpayers who have to eat the loss in the studen...

There are some folks talking about whether the federal student loan program should make or cost the government money. here is the bottom line. government shouldnt see student loans as a way to make money. it should be a way to help students. we need to ask ourselves how much does federal student loans cost students? how can we help students manage those costs better? our national mission is not to profit off student loans. our national mission must be to profit off having the best educated workf...

Debt, many may be tempted to look for a quick financial fix. shocking new report finds that some debt relief firms are tricking borrowers into paying up to $1,600 for access to programs that are supposed to be free. >> steve: thats the key part right there, the free part. personal finance expert dave ramsey joins us from nashville with more to avoid these debt consolidation dangerous. it sounds great. its going to cost us something, but it shouldnt because its a free program. >> well, absolutely...

Kids to go to college. i think lets at least roll this back to the 3.4% for a year or two and then figure out long-term what the formula will be. right now i dont want to see this double and we have to do this retroactively before the school year. >> some studies that shown that the student loan programs they provide assistance to people and also encourage tuition hikes. some issues with the sort of the idea of the student loan program which isnt to say it hasnt done wonderful things and what ca...

>> in obama care, the democratic majority without a single republican vote abolished the student loan program. they have to pay back more at a higher rate. all related to something young people had nothing to do with which was the passage of obama care. >> student loan rates are going to rise because obama care. health reform abolish the student loans, america. obama care also made it rain this weekend. and, yeah, you know what you did, obama care. you know what you did in hong kong. thats why e...

>> in obama care, the democratic majority without a single republican vote abolished the student loan program. they have to pay back more at a higher rate. all related to something young people had nothing to do with which was the passage of obama care. >> student loan rates are going to rise because obama care. health reform abolish the student loans, america. obama care also made it rain this weekend. and, yeah, you know what you did, obama care. you know what you did in hong kong. thats why e...