The GOP Assault on Higher Education
Posted on 2017-12-05
Let’s pretend for a second, that the Trump Administration didn’t put Betsy DeVos in charge of U.S. Education system. Although her holding the U.S. Secretary of Education title is troubling enough, I want you to imagine an alternative reality. In this alternate reality, one might expect the downfall of the U.S. education system to not be as imminent– however, in the now meme-famous words of Trump: WRONG!
An article published yesterday by The Intercept, titled House Republicans Want to end Student Loan Forgiveness for Public Interest Jobs, they reveal that Republicans want, not only to ensure that higher education is untenable for poor and middle class people, but also that paying off debts from student loans are also almost impossible.
As with the inaccurate branding of getting rid of Net Neutrality as “Restoring Internet Freedom” Act (which 100% is not the case, according to even the FCC’s own Jessica Rosenworcei) and the #TaxScamBill as a “Tax Cut for Americans,” these fools want to pretend that making it harder for you to pay back student loans is Promoting Real Opportunity Success and Prosperity through Education Reform– aka “PROSPER.”
Here is more about this topic, by way of citing the intercept:
Reps. Virginia Foxx, R-N.C., and Brett Guthrie, R-Ky., of the House Committee on Education and the Workforce on Friday introduced the bill, titled the Promoting Real Opportunity, Success, and Prosperity through Education Reform, or PROSPER
[…] The 542-page Republican bill would have a wide-ranging impact on higher education, but two of the proposals stand out for their immediate impact on students and colleges: reductions in traditional aid programs and rollbacks of regulations limiting federal funding to for-profit colleges.
The bill would, for instance, completely eliminate the Public Service Loan Forgiveness program, which forgives student loans for borrowers who work for a nonprofit or in a state, local, or federal government job and make 120 qualifying monthly payments over a period of 10 years. More than half a million borrowers have utilized the program since 2007 to help them deal with student debt. Gregory Crespi, a Southern Methodist University law professor who studies the program told the ABA Journal that roughly a quarter of jobs in the U.S. economy would be considered public interest jobs.
The legislation would also consolidate the student financial aid system, shifting it toward a “one grant, one loan” model, which could threatensubsidies offered to borrowers. It would also introduce caps on graduate student loans.
University of Southern California Law School professor Michael Simkovic wrote in a blog post that he worries such caps could would be most beneficial to the private lending market.
So in other words, students will continued to be screwed over, harder than ever, in the United States. Tomorrow, I will be participating in another walkout to end the #GradTax and I’ll also be praying that continued Republican incompetence, allows for none of this to pass.