Do you support Newt Gingrich on ending federal student loans and ending US department of education?


Do you support Newt Gingrich on ending federal student loans and ending US department of education?

The question

He wants to terminate the federal student loan program. So then the student either has to pay out of pocket or do 3 jobs or so to take 6 credits a semester, so that it takes him like 10 to 11 years to get bachelor degree. If Newt becomes president on January 2013, I would already have completed my master’s degree in arithmetic by then. So luckily his policy will not affect me. But do you support Newt’s thought to terminate federal student loan program? Only rich get education or take 11 years to get degree, by doing 3 jobs together and 2 course a semester.
In a way if you’re really motivated to go to college while not being rich, then you should be able to do 3 jobs and wait 11 years for bachelor degree. That’s not terrible really. Assuming an average person starts college at age 18, he should be done with bachelor degree around age 30 and would also have a resume loaded with lot of hourly jobs work experience.
by age 30, it will also bring that person some maturity and he would respect money.
The only problem is that nobody is hiring. not even for hourly or temp jobs. So only the rich get access to college education under Gingrich

Best answers:

subsidized student loan interest rate

Of course not – but I’m not one of the 1% who would rather everyone else become slaves…
Yes! Dept of educ has never worked.
The Dept of Education is a waste. It is pushing George W. Bush style reforms while American schools are suffering the worst budget cuts since the Fantastic Depression. It should go. If Newton is pushing the end of federal student loans, he probably took millions from private loan providers in his work as DC lobbyist.
No need to end student loans if the OWS dopes get their way. If they get a reduction or an amnesty on their student loans like they are demanding, no one will ever be given a student loan again. You don’t get a loan if they reckon you won’t pay it back. Hippies never reckon things through.

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Comments

  1. Robert says:

    Yes, yes, yes, yes, yes!!! The Department of Education is the largest boondoggle of all. Jimmy Carter deserves to be drawn and quartered for making it. Student loans, whether lent by the federal government OR guaranteed by the federal government, have helped to make tuition costs go up at a much higher rate than inflation. There are too many people in college now. The dropout rate is somewhere around 50%. Most of those 50% should never have started in the first place. They should have gone to trade school instead. We need electricians, plumbers and mechanics just as terribly as doctors, teachers and lawyers. As a matter of fact we have waaaay too many lawyers now. Remedial reading is being taught in colleges. No one should be ADMITTED to college who can’t read. Colleges are turning out IDIOTS. They give courses like underwater basket weaving and Elvis Presley as a social phenomenon. There are waaay too many people with so-called “business” degrees. Every company is top heavy with “managers.” Every place I have ever worked had so many managers with no real work to do that they had to appear to be doing something so they came up with wasteful new set of laws or ridiculous things like changing the letterhead or changing the name of a department. I worked my way through college and I don’t see why anyone who wants to go shouldn’t do the same. Most of the jobs I have had didn’t require a college degree anyhow.

  2. toyota_car_is_best says:

    they should not eliminate it but they should modify the terms. For example federal student loans should only be given in the fields of commerce, computer science, arithmetic, physics. In small strictly science and commerce only. When I say science, I mean natural sciences or man made science (such as computer science). These fields guarantee excellent paying and loans can be paid.

    But, they should not be given to arts majors or business, or any other fields. Lot of such students have a excellent track record of never paying it back.

    Also once these loans are guaranteed for commerce or sciences, it will eliminate all the wasteful college spending too. And someone should only be admitted to an commerce or science program after he/she has passes a math test up to high school level with 80% or higher or passes basic calculus pre-test.

    In other countries before being admitted to commerce bachelor degree the student must pass an entrance math exam which covers up to calculus, with score of 80% or higher. And those countries have no federal student loan program.

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