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News & Politics News & Politics

Can My Kids Get A College Loan Under Romney?

Posted by on Oct. 27, 2012 at 5:53 AM
  • 14 Replies

 Another huge concern for me about Romney is his thoughts on education.

I have one son in college with a very do-able athletic college loan.I also have a smart daughter that will probably have many college options in a few years.

I definitely do not have 30,000 lying around in my savings.Obama makes college and education very affordable for my middle class family and kids.

What are Romneys views on education and college loans??

http://www.issues2000.org/2012/Mitt_Romney_Education.htm

 

by on Oct. 27, 2012 at 5:53 AM
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Replies (1-10):
DixieL
by Bronze Member on Oct. 27, 2012 at 6:00 AM

I know they can under the president. To see President Obamas plans for the next four years, go to barackobama.com/plans. It has everything he plans to do to help us during his second term.

JoshRachelsMAMA
by JRM on Oct. 27, 2012 at 6:06 AM

Thanks for sharing

Carpy
by Platinum Member on Oct. 27, 2012 at 7:38 AM
2 moms liked this


Overview

Education has always been central to the American Dream. Sadly, today that American Dream too often represents only a dream. In many corners of the nation, children have no access to an effective school that can give them the opportunity they deserve. Across the nation, our school system is a world leader in spending yet lags on virtually every measure of results. Higher education is becoming at once more important and more unaffordable than ever, stretching family finances and producing new graduates who have too much debt and not enough of the skills they need to succeed in the modern economy.

To restore America’s promise, and get Americans working again, we must achieve meaningful reform in our education system.

Obama's Failure

President Obama did not create the problems in our education system, but he has compounded some, ignored others, and failed to pursue efforts worthy of the challenge’s severity and scale. While he has spoken at great length about education — its importance, its challenges, its reforms — his rhetoric has not been matched by action. To the contrary, his approach to education reform is entrenching the very model that has produced today’s broken system.

President Obama’s Approach to K-12 Education: Don’t Mend It, Just Spend It

When talking about K-12 education, President Obama often emphasizes what he calls the investments he has made in the future. He touts the billions of dollars he has spent and details a list of supposed accomplishments. He is right about one thing: he has spent billions of dollars. However, the vast majority of these dollars have not been invested in implementing the types of reforms required to produce real results. Instead, these taxpayer dollars have aided the very teachers unions that worked to get him elected and that have held back for decades the reforms our system so desperately needs.

President Obama has also withheld dollars from innovative programs that the unions oppose, such as the D.C. Opportunity Scholarship Program, which gives low-income children increased choice in the form of access to private school. It is not only extremely popular, it is also incredibly successful.

President Obama is not investing in the future; he is spending money borrowed from the future on the past.

President Obama’s Approach to Higher Education: Doubling Down on the Problem

When President Obama speaks to young people about his vision for their future, he invariably forgets to mention that, during his four years as president, their debt has risen and their chances of finding a job have declined. President Obama’s attempts to address the skyrocketing cost of college have backfired. He has given up on reform and seeks only to borrow and spend more and more of the next generation’s money — claiming to help them today and then sending them the bill tomorrow. Under this approach, the cost of a college education has risen by 25 percent, and student debt has reached a record $1 trillion.

President Obama’s misguided economic policies have set back an entire generation of young Americans. Those graduating from high school and college over the last several years have faced one of the worst job markets in the nation’s history. More than half of all recent college graduates are jobless or underemployed.  Like so much during the President’s so-called “recovery,” these figures continue to get worse.

Mitt's Plan

As president, Mitt Romney will pursue genuine education reform that puts the interests of parents and students ahead of special interests and provides a chance for every child. He will take the unprecedented step of tying federal funds directly to dramatic reforms that expand parental choice, invest in innovation, and reward teachers for their results instead of their tenure. These policies will equip state leaders to achieve the change that can only come from commitment and action at the local level. He will also ensure that students have diverse and affordable options for higher education to give them the skills they need to succeed after graduation and that, when they graduate, they can find jobs that provide a rewarding return on their educational investment.

K-12: Promoting Choice And Innovation

Giving students trapped in bad schools a genuine alternative requires four things: (1) such alternatives must exist, (2) parents must receive clear information about the performance of their current school and of the alternatives, (3) students must be allowed to move to a new school, and (4) students must bring funding with them so that new schools can afford to serve them.  Mitt’s reforms achieve each of these objectives:

  • Allow Low Income And Special Needs Students To Choose Which School To Attend By Making Title I and IDEA Funds Portable.
  • Provide Incentives For States To Increase Choices For Parents And Develop Quality Alternatives.
  • Build On The Success Of Effective Charter And Digital Schools.
  • Expand The DC Opportunity Scholarship Program To Serve As A Model For The Nation.

K-12: Ensuring High Standards And Responsibility For Results

Currently, there is little easily-available data for parents about their children’s schools. Mitt’s reforms will provide better information for parents through straightforward public report cards and will empower them to hold districts and states responsible for results. When combined with increased parental choice, this will give parents more control over their children’s education.

  • Reform No Child Left Behind By Emphasizing Transparency And Responsibility For Results.

K-12: Recruiting And Rewarding Great Teachers

A school is only as strong as its teachers, but the most promising teachers often find it difficult to reach the classroom door or receive recognition for their efforts once inside.  Mitt’s reforms smooth the path for talented individuals to join the profession and shape the next generation.

  • Attract And Reward Great Teachers Through Increased Flexibility And Block Grants.
  • Eliminate Unnecessary Certification Requirements That Discourage New Teachers.

Higher Ed: A New Vision Of Affordable And Applicable Learning

America’s traditional community and four-year colleges are the heart of our nation’s higher education system.  However, a flood of federal dollars is driving up tuition and burdening too many young Americans with substantial debt and too few opportunities.  Meanwhile, other models of advanced skills training are becoming ever more important to success in the American economy, and new educational institutions will be required to fill those roles. Mitt’s reforms spur the access, affordability, innovation, and transparency needed to address all of these challenges:

  • Strengthen And Simplify The Financial Aid System.
  • Welcome Private Sector Participation Instead Of Pushing It Away.
  • Replace Burdensome Regulation With Innovation And Competition.
mommom2000
by Bronze Member on Oct. 27, 2012 at 8:38 AM

The central themes of the Romney plan are a rehash of Republican education ideas from the past 30 years, namely, subsidizing parents who want to send their child to a private or religious school, encouraging the private sector to operate schools, putting commercial banks in charge of the federal student loan program, holding teachers and schools accountable for students' test scores, and lowering entrance requirements for new teachers. These policies reflect the experience of his advisers, who include half a dozen senior officials from the Bush administration and several prominent conservative academics – among them, former Secretary of Education Rod Paige and former Deputy Secretary of Education Bill Hansen, and school choice advocates John Chubb and Paul Peterson.

Unlike George W Bush, who had to negotiate with a Democratic Congress to pass No Child Left Behind, Romney feels no need to compromise on anything. He needs to prove to the Republican party's base – especially evangelicals – that he really is conservative. And this plan is "mission accomplished

mommom2000
by Bronze Member on Oct. 27, 2012 at 8:47 AM

For starters, he has embraced the House Republican budget, which would cut Pell Grants for one million students. Romney has also said that he would repeal the student loan reforms signed by President Obama. Those reforms, included in the Affordable Care Act, stopped the government from wasting money paying private banks to service federal student loans. The money saved was plowed back into financial aid for more students.

Paying private banks to service federal loans was one of the most indefensible uses of taxpayer dollars, yet Romney would return to that system, cutting aid for students in the process. $100 billion will be pumped into the economy via the higher earnings of students who get a better education due to expanded aid.

Romney, meanwhile, suggested that students looking to finance their education just get a loan from their parents.

rocketracer
by Gold Member on Oct. 27, 2012 at 9:13 AM
1 mom liked this

Regardless of who is president, regardless of who doles out a student loan, tuitions have gone through the roof because of the loan process itself.....Schools really don't care where the money comes from.  Schools just know they can get the money.  By making access to the money easier, school knows they can just raise their tuition/fee rates.

Simmeringhearts
by on Oct. 27, 2012 at 9:18 AM

Which is basically the same bs he has shoveled for his first term.

Quoting DixieL:

I know they can under the president. To see President Obamas plans for the next four years, go to barackobama.com/plans. It has everything he plans to do to help us during his second term.


broncfan
by Silver Member on Oct. 27, 2012 at 9:33 AM
1 mom liked this

Student loans are our next big economic bubble.  Parents that encourage their kids to go into debt, to the tune of 30,40,50 K really need to rethink what they are doing.  Tell you kids to go to local community college and live at home while working, encourage state colleges and forget the private ones, tell them that it is ok to take 6 or even 8 years to graduate, if it means coming out without debt.  Take a home equity loan on your house or refinance at the low rates if you have to.  Make your child's education a priority for the entire family, not just the student.  It can be done, may not be as much fun or as fast, but it can be done. 

Student loans will never be taken away by any administration, but people need to be well aware of what they are getting into.

itsmesteph11
by Silver Member on Oct. 27, 2012 at 9:50 AM

  This is a punk question right?  It's total bulls**t(to quote Obama)

Exactly HOW does Obama make college affordable for you to send your kids to college? 

Might be able to fool some  but you can't fool those who are actually trying to go to college.  I know from personal experience that Obama hasn't done anything for most trying to go to college. Sure didnt' help my kids. Unless of course  you make around $20,000 or less, cause that's the only way it's going to be "affordable" (meaning your kids will be able to get grants). 

As for Obamas plan to make repayment easier, that too is bunk. It's only good for select people with select loans.  They forget to tell you that.  

 

itsmesteph11
by Silver Member on Oct. 27, 2012 at 9:57 AM

 LMAO   First, THERE ARE NO STUDENT LOAN REFORMS! They STILL pay their bank buddies (in our case, Wells Fargo) to administer loans.  Second, they are not going to repeal anyones pell grants.  That's a lie that the left is floating.

What exactly is wrong with asking a parent for help??????

Quoting mommom2000:

For starters, he has embraced the House Republican budget, which would cut Pell Grants for one million students. Romney has also said that he would repeal the student loan reforms signed by President Obama. Those reforms, included in the Affordable Care Act, stopped the government from wasting money paying private banks to service federal student loans. The money saved was plowed back into financial aid for more students.

Paying private banks to service federal loans was one of the most indefensible uses of taxpayer dollars, yet Romney would return to that system, cutting aid for students in the process. $100 billion will be pumped into the economy via the higher earnings of students who get a better education due to expanded aid.

Romney, meanwhile, suggested that students looking to finance their education just get a loan from their parents.

 

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