Remember last December when the Senate voted 51 to 50 (with VP Cheney casting the tie-breaking vote) to cut $12.7 billion out of the student loan programs? Remember how that was the largest cut to student aid in history? Well, good news debt-lovers, it’s almost finalized!
This is just great news for me since I’m already paying 12% of my income to student loan companies, and still have 11 more classes left after this quarter, which equates to about $11,000 I still have to come up with. I do have money from serving 2 years in AmeriCorps, but while I will praise and vouch for AmeriCorps any day, the truth is that the $4,725 Education Award does not go as far as you’d think.
According to nationalpriorities.org, instead of using the over $232 billion we’ve already spent fighting an unjustified war in Iraq, the gov’t. could have provided 11,295,094 students with 4-year scholarships to public universities.
But what kind of government wants a highly educated populace? That’s just silly. You don’t need to be learned at college anyway, so long as you can read “My Pet Goat” the Oval Office could be yours! (click ‘read the rest of this entry’) Plus they know the smarter we get, the less they’d get away with, and that would never work.
So once again, books lose to bombs:
Here’s the article from the Columbus Dispatch.
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