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aggiesal

(10,760 posts)

19. Back when I went to school . . .

Wed Jul 24, 2013, 01:01 PM

Jul 2013

Last edited Wed Jul 24, 2013, 02:02 PM - Edit history (1)

In the early 1980's the government subsidized approximately 80% of a students education,
using Pell Grants and State funds, and the student/family paid approximately 20%.

Now the student/family pays 80+% while the government subsidizes < 20%

This is our tax breaks at work.

When I graduated, I had $750 student loan.

California once paid for all higher education, until Ronnie Reagan came in
and said "Why should I pay for students education, when they'll just
protest everything I believe in?"

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The Whole System Stinks, By Elizabeth Warren [View all] G_j Jul 2013 OP

K&R Cleita Jul 2013 #1

K and R (nt) bigwillq Jul 2013 #2

So interest will only rise to 6.8 percent? abelenkpe Jul 2013 #3

Only. Wednesdays Jul 2013 #14

The only way this kind of abuse is going to stop is for the American People fasttense Jul 2013 #58

i read in the republican version, 10.5%, with early low 'teaser' rates. i agree, it used to be HiPointDem Jul 2013 #33

k&r Puzzledtraveller Jul 2013 #4

Yep, "the whole system stinks" - and this is the tip of the iceberg... polichick Jul 2013 #5

How true Awknid Jul 2013 #48

Our next President. nt bemildred Jul 2013 #6

Your lips to God's ears Demeter Jul 2013 #7

If only the people decided these things... polichick Jul 2013 #9

Definitely. Fearless Jul 2013 #34

She will tear them to shreds. It's will be fun. nt bemildred Jul 2013 #36

Kick Scuba Jul 2013 #8

Auto K & R Le Taz Hot Jul 2013 #10

I wish there were more Elizabeth Warrens... whttevrr Jul 2013 #11

Rush Holt, an Elizabeth Warren Democrat, is opposing Third Way corporatist Cory Booker Zorra Jul 2013 #13

Wish there was a way to Kick and Rec your comment, also. Myrina Jul 2013 #16

Thank you for spreading the word about Rush Holt.. mountain grammy Jul 2013 #31

Sen. Holt...has a nice ring to it! BornLooser Jul 2013 #38

K&R bahrbearian Jul 2013 #12

K n R Myrina Jul 2013 #15

Am I right that she is saying these high rates are here to stay or go higher? She is conceeding Dustlawyer Jul 2013 #17

Yes. djean111 Jul 2013 #51

Elizabeth Warren...... Little Star Jul 2013 #18

Back when I went to school . . . aggiesal Jul 2013 #19

knr Douglas Carpenter Jul 2013 #20

This whole thing DOES stink. bvar22 Jul 2013 #21

I could not agree more. I had not seen your post when I posted, Mass Jul 2013 #25

+1000 JDPriestly Jul 2013 #40

Indeed nil desperandum Jul 2013 #52

Instead of charging interest on student loans, the government should be subsidizing the students. RC Jul 2013 #22

Thank you. AnotherMcIntosh Jul 2013 #23

Low interest rates are a minimum. Why not lowering college tuition by Mass Jul 2013 #24

Maybe if we invested less in internet and phone surveillance we could afford to invest more in JDPriestly Jul 2013 #42

I'm glad she's in the Senate deutsey Jul 2013 #26

My grad school tuition, 1970: $200/semester, all the hrs you could stand... Eleanors38 Jul 2013 #27

F- Hillary. Elizabeth Warren for president Phillyindy Jul 2013 #28

^^^THIS^^^ nt NorthCarolina Jul 2013 #43

If Elizabeth were President, she could VETO bills like this. PADemD Jul 2013 #29

+1000. And, she'd use the 'bully pulpit' to maximum effect. reformist2 Jul 2013 #32

With this Congress, Warren would probably get less done than Obama has. bigwillq Jul 2013 #54

Agree, but . . . hueymahl Jul 2013 #30

HUGE K & R !!! WillyT Jul 2013 #35

Our government shouldnt be making money off student loans. nm rhett o rick Jul 2013 #37

Dbl. kick and rec. for the Honorable Senator Elizabeth Warren BornLooser Jul 2013 #39

K&R forestpath Jul 2013 #41

Dis-heartening. blackspade Jul 2013 #44

Hopefully there will be some legislation following these lectures. blkmusclmachine Jul 2013 #45

K&R emsimon33 Jul 2013 #46

kick woo me with science Jul 2013 #47

Proposal Back to Basics/Keep It Simple CdnExtraNational Jul 2013 #49

agreed G_j Jul 2013 #50

Kick and Rec. n/t Smarmie Doofus Jul 2013 #53

Just a fiery speech; it's actions that count frazzled Jul 2013 #55

Geee snort Jul 2013 #56

Ask anybody (who's not profiting from the scams)... Octafish Jul 2013 #57

K & R ctsnowman Jul 2013 #59