• White House 2020 budget has deep education, student loan cuts
    14 replies, posted
https://www.cnbc.com/2019/03/11/trumps-budget-proposal-would-cancel-public-service-loan-forgiveness.html President Donald Trump’s budget proposal unveiled on Monday would slash funding for the U.S. Education Department by more than 10 percent. The plan, titled “A Budget for a Better America, ” requests $62 billion for the Department of Education, or $7.1 billion less than the agency’s allowance in 2019. The budget eliminates subsidized student debt, in which interest doesn’t accrue on the loans while borrowers are in school or in economic hardship. It also reduces the number of repayment plans for borrowers and scratches the popular, if challenged, public service loan forgiveness program. The federal work study prgram, which provides part-time jobs for undergraduate and graduate students with financial need, would also face cuts. Pell Grants would be expanded to cover short-term training programs, a priority of the administration. The Public Service Loan Forgiveness Program is eliminated in the proposed budget. That program, signed into law by President George W. Bush in 2007, allows not-for-profit and government employees to have their federal student loans canceled after 10 years of on-time payments. The Consumer Financial Protection Bureau estimates that up to one-quarter of American workers could be eligible. Zero chance any of this passes the House
He would have struggled to pass this before the left took the House. I'm wondering how many diffrrent reasons he will justify the next shutdown with...
We say this, but we gotta remember he ended up as president once.
It also has a 5% increase in military spending, which is more than what the pentagon asked for.
“We have also reaffirmed our commitment to spending taxpayer dollars wisely and efficiently by consolidating or eliminating duplicative and ineffective federal programs,” said U.S. Secretary of Education Betsy DeVos. https://files.facepunch.com/forum/upload/58148/17568686-5658-400e-b7de-ffb31747f054/Untitled2.png :thinking:
Isn't Devos also in the pockets of Sallie May? HMM I really wonder who would benefit from the weakening of federal student loan programs............
Devos's brother is Erik Prince, his PMCs need fresh bodies.
What are you talking about? People like Trump (and the GOP in general) rely on voters being poorly educated to be elected.
It takes at least 25 years for the affects to happen, and Trumples will be long dead by then.
Stuff like this makes me really regret my choice in studying to become a teacher.
Even so, you could pretty easily attribute this to Trump working in the interests of his base, while undermining those who are outside of that. In 2016, there was a pretty wide education gap between Trump and Hilary voters, with Trump voters being less educated on average.
Generation Z is shaping up to be as progressive as Millennials. Our public education is still shit, but younger people largely seem to be compensating by educating themselves, thanks in large part to the free and open internet. (disregarding the minority of young males who've gone to the far-right, of course.) The GOP relies primarily on the stupidity of old white people to carry them through every election. That is why Rupert Murdoch created Fox News for the purpose of brainwashing Baby Boomers. The problem is... the Baby Boomers are all going to fucking die within 10 years, especially since so many of them are unhealthy as fuck. The GOP is thus going to struggle more and more with every passing year.
The Public Service Loan Forgiveness Program is eliminated in the proposed budget. That program, signed into law by President George W. Bush in 2007, allows not-for-profit and government employees to have their federal student loans canceled after 10 years of on-time payments. If Donnie doesn't get to have his debts erased after ten years, nobody gets to have their debts erased after ten years. The King of Debt pulling up the ladder behind him.
It's still going to appeal to his base, which at this point is 90% of Republican voters at least.
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