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Gillibrand Proposes Student Loan Refinance Plan

May 20, 2013

NEW YORK (AP) — U.S. Sen....

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May-20-13 3:00 PM

In short, we could all go through life using the money from someone else without ever having to pay it back. In other words, we could become a nation of "community organizers".

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May-20-13 2:55 PM

I should explain further. The pharmacy school that my niece attends has a majority of students getting $40K a year for tuition and $20K for living expenses. Before Obama took over the student loan program, tuition was just over $30K and if a student wanted it badly enough, they would work or save instead of borrowing that other $20K. Net result, higher tuition with expanded class sizes (greedy colleges will take as much money as they can get) will ultimately lead to more people competing for pharmacy jobs which in turn will drive down wages due to oversupply of pharmacy graduates. Then, when some can't get a job, you suggest the rest of us pick up the tab. Let's take it a step further. Ultimate fairness, Baggins, would be to give every high school graduate the same amount of money with no strings attached. While we're at it, why not give all those senior citizens $180K seeing as how they never went to college because of a lack of money.

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May-20-13 2:37 PM

Baggins, I don't know where you get your info but Wall St. didn't get trillions from anyone. In totality, colleges are 90% to the left and a substantial portion of that 90% are to the left of liberals. Yes, they're openly progressive and quite proud of it. But a great many who are openly progressive are quite averse to openly coming out of the closet as being socialist. This includes a larger number than you might suspect who are actually communists. Ask yourself why socialist Obama isn't on the stump railing against the excessive tuition increases instead of promising that the government will bail out the loans no matter how excessive they become. Wake up and realize that Dem politicians are more to blame than anyone. Obama is giving $60K a year for students to go to pharmacy schools knowing full well that this will put them in a $180K hole. You should realize that your education would've been better spent with more economics studies and fewer sensitivity courses.

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May-20-13 10:03 AM

Instead of bailing out Wall Street, maybe we should have bailed out students. Forgiven all of the student loan debt instead of paying trillions into Wall Street. Think of the economic engine that would have freed up to get all recent graduates out from under all that debt. That would have done wonders for the economy.

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May-20-13 6:42 AM

Typical Democrat, stick it to those greedy corporations. Since Dems are all about regulating everything and everyone lately, how about Gillibrand passing a law to force all colleges in NY to cut tuition 10% immediately and freeze that level for five years. Of course that might alienate a liberal constituency but what the heck, as our fearless leader always demands, "everyone should sacrifice their fair share".

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May-20-13 6:36 AM

Again, City as in N.Y.C. , she is a chucky the cheese Schumer want a be socialist all about N.Y.C. VOTE!!!!

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