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Obama to Sign New Student Aid Initiative


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The student loan overhaul fulfills a long-time goal of Democratic lawmakers to end the bankers' role as middlemen and replace them with direct federal loans and aid to students.


The White House said the change would save taxpayers $68 billion over the next decade. The money saved will help expand and strengthen the federal Pell Grant program for students.


The change will cap college graduates' annual student loan repayments at 10 percent of their income, spends more at community colleges and awards $2.55 billion to historically black colleges and universities.



It's about time. The system in place now just makes it extremely hard for poor families to send their kids to college, even if they are intelligent and would succeed there.

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<LI class="dateStamp first">Yeah, the Obamaoes are racists, and socialists. Everything has an ulterior motive...



MARCH 30, 2010, 11:06 P.M. ET

White House Court Brief Backs Race-Based Admissions

<H3 class=byline>BY JESS BRAVIN </H3>The Obama administration has asked a federal appeals court to uphold a race-conscious admissions system at the University of Texas at Austin, aiming to stymie a lawsuit that conservatives hope will spur the Supreme Court to limit affirmative action at public colleges.


The Texas case tests a 2003 Supreme Court decision that upheld a race-conscious admissions system at the University of Michigan Law School. That ruling in Grutter v. Bollinger said the law school had "a compelling interest in attaining a diverse student body." By a 5-4 vote, the court prohibited "outright racial balancing," but said race could be a ...



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The government needs college graduates though, especially in the fields of math and science. If it continues as is, there will be a distinct shortage of young scientists in the armed forces and NASA. And let's be honest, we NEED those young minds if we're going to stay on top, technologically speaking. The US should really be pushing for it to be easy to study in those fields; it shouldn't cost an arm and leg.


College costs have already been driven up beyond belief. If they keep going up because of this... well shit. I don't know.


I am a first generation college student, and it has been extremely tough for me to finance my education. I think the whole college system is f*cked and the costs need to come down, because as they stand, they just help keep the poor being poor. College is a wonderful thing, but it's true, most people don't need it. But for the ones that want it, and need it to find a career they enjoy, it's only easy if you're in the top 1% of high school students (I was in the top 10% or so and it was still difficult for me) or if you have rich parents.


The government knows that it needs college grads. Why should their economic background make a difference?



...speaking of school, I've got a mathematical biology exam to take, now. feck.

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