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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSenate Republicans Unanimously Support Repeal of Student Loan Reform Law
Senate Republicans Unanimously Support Repeal of Student Loan Reform Law
By Josh Israel
All 45 Senate Republicans voted Friday for a budget amendment that endorsed the repeal of both Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. While Congressional Republicans attempting to repeal Obamacare is nothing new this marks the 39th repeal attempt this proposal also aimed to repeal the student loan reform and Pell Grant expansions that were enacted at the same time.
All 54 Senate Democrats present successfully voted to defeat the amendment, offered by Sen. Ted Cruz (R-TX). If passed, it would have put the Senate on record in support of a repeal of
provisions that moved student loans from commercial banks to direct lending from the U.S. Education Department and:
Though every Congressional Republican voted against the health care and student loan reforms, House Republicans specifically exempted the student loan reform provisions from previous repeal attempts, though they have repeatedly slammed the reform as a Washington takeover of the student loan industry.
- more -
http://thinkprogress.org/education/2013/03/22/1762921/senate-republicans-unanimously-support-repeal-of-student-loan-reform-law/
By Josh Israel
All 45 Senate Republicans voted Friday for a budget amendment that endorsed the repeal of both Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. While Congressional Republicans attempting to repeal Obamacare is nothing new this marks the 39th repeal attempt this proposal also aimed to repeal the student loan reform and Pell Grant expansions that were enacted at the same time.
All 54 Senate Democrats present successfully voted to defeat the amendment, offered by Sen. Ted Cruz (R-TX). If passed, it would have put the Senate on record in support of a repeal of
provisions that moved student loans from commercial banks to direct lending from the U.S. Education Department and:
- Used half of the the estimated $61 billion in savings to increase the maximum annual Pell Grant scholarship to $5,550 in 2010 and to $5,975 by 2017, while indexing the grants to inflation.
- Lowered monthly payments on federal student loans and shortened the debt forgiveness timeline. For new loans after 2014, this will mean graduates will have to pay 10 percent of disposable income, instead of 15.
- Provided $2.55 billion to support historically black colleges and universities and minority-serving institutions; $2 billion for community colleges; and $750 million for a college access and completion program for students.
Though every Congressional Republican voted against the health care and student loan reforms, House Republicans specifically exempted the student loan reform provisions from previous repeal attempts, though they have repeatedly slammed the reform as a Washington takeover of the student loan industry.
- more -
http://thinkprogress.org/education/2013/03/22/1762921/senate-republicans-unanimously-support-repeal-of-student-loan-reform-law/
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Senate Republicans Unanimously Support Repeal of Student Loan Reform Law (Original Post)
ProSense
Mar 2013
OP
Remember, Ralph Nader says there is no difference between democrats and republicans. nt
bluestate10
Mar 2013
#4
The Velveteen Ocelot
(115,838 posts)1. Are they going out of their way to make everyone hate them
Last edited Sun Mar 24, 2013, 12:30 AM - Edit history (1)
who isn't an old, rich, "Christian" white male?
Sure seems like it.
ProSense
(116,464 posts)5. Senate Republicans seem determined
to prove they're bigger lunatics than their House counterparts.
Scuba
(53,475 posts)2. Senate Republicans support bankers, not students and their families.
The reforms are aimed at a huge give-away to the banksters, who made fat profits while shifting all the risk to the federal government. Of course the Republicans want it repealed!
ProSense
(116,464 posts)6. Senate Republicans are despicable creatures. n/t
timdog44
(1,388 posts)9. Republicans, period, are despicable creatures. n/t
David Zephyr
(22,785 posts)3. K&R. Here they go again. They never stop. Thanks ProSense.
They are depraved.
bluestate10
(10,942 posts)4. Remember, Ralph Nader says there is no difference between democrats and republicans. nt
ProSense
(116,464 posts)7. Kick! n/t
Berlum
(7,044 posts)8. Republicans against America
As usual.
And they wonder why no one respects them...