Continuing war on education.
This excerpt from Time Moneyland, By Kayla Webley,
"As the deadline looms, last week, college students delivered some 130,000 letters to Congress, urging legislators to keep the interest rate at 3.4%. Like many things in Washington this election year, the issue has become a partisan battle. President Obama and other Democrats have urged Congress to act to extend the low rate (Democrat Rep. Joe Courtney of Connecticut has introduced legislation that would stop the rate hike), while Republicans favor allowing the rate to return to 6.8%. Even the cost estimates vary: Democrats predict keeping the rate at 3.4% for one additional year would cost around $3 billion, while Republicans say it would cost nearly $7 billion. (Mark Kantrowitz of FinAid.org estimated the cost at $5.6 billion for one year.)"
I guess the right is not concerned about the fact that between China and India, their gifted students exceed in numbers our entire student body. Or that in certain Northern European countries education is seen as the key to their country's future so it's free.
Can we afford it? Well, let's see. We spend between $800,000 and $1,000,000 per year to keep one soldier in Afghanistan.
"As the deadline looms, last week, college students delivered some 130,000 letters to Congress, urging legislators to keep the interest rate at 3.4%. Like many things in Washington this election year, the issue has become a partisan battle. President Obama and other Democrats have urged Congress to act to extend the low rate (Democrat Rep. Joe Courtney of Connecticut has introduced legislation that would stop the rate hike), while Republicans favor allowing the rate to return to 6.8%. Even the cost estimates vary: Democrats predict keeping the rate at 3.4% for one additional year would cost around $3 billion, while Republicans say it would cost nearly $7 billion. (Mark Kantrowitz of FinAid.org estimated the cost at $5.6 billion for one year.)"
I guess the right is not concerned about the fact that between China and India, their gifted students exceed in numbers our entire student body. Or that in certain Northern European countries education is seen as the key to their country's future so it's free.
Can we afford it? Well, let's see. We spend between $800,000 and $1,000,000 per year to keep one soldier in Afghanistan.
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