"#DontDoubleMyRate. Many students will see the interest rate on Fed #StudentLoans increase if Congress doesn't act by 7/1."
- Sandra Fluke's Tweet 15 minutes after President Obama mentioned the increase yesterday
"...Without insurance coverage, contraception can cost a woman over $3,000 during law school. For a lot of students who, like me, are ON PUBLIC INTEREST SCHOLARSHIPS,
that’s practically an entire summer’s salary. Forty percent of female students at Georgetown Law report struggling financially as a result of this policy..."
that’s practically an entire summer’s salary. Forty percent of female students at Georgetown Law report struggling financially as a result of this policy..."
- Sandra Fluke, 23 February 2012
Ms Fluke's rate will not be doubled. She is on a full scholarship.
Update #1:
When They Say Higher Education, They Really Mean It.
Compared with three decades of runaway tuition prices, previous worrisome jumps in healthcare and energy look tame.
How Prices Have Risen Since 1982:
College: 439%
Healthcare: 251%
Energy: 108%
CPI: 108%
Note: Percentage growth rate in current dollars
Source: Bureau of Labour Statistics
The reason that higher ed is increasing at such a rapid pace is because of the Big Gov-Big Ed Complex. Remember, Big Gov controls the student loan business (See: Obamacare...it is in the fine print).
Related Reading:
Whenever misdirection, obfuscation, and lies fail to cover up the inevitable unintended consequences of REALITY, the rats that are the lib/progs will begin to eat each other.
ReplyDeleteIt gives me hope for the future and a reason to chuckle.....