Tuesday, December 18, 2012

Here & There Column 12-11-12


Exempt From Paying Back College Loans?

  Emails, Twitter and Facebook are all talking about the subject of children of Congress members not having to pay back their college student loans.
  Fox News recently reported that they learned that the staffers of Congress family members are exempt from having to pay back student loans.
  We called two representatives in Congress and their office staff said the representative were not available and so I read them my question and asked for a reply..... to date my question or a reply has not been received. 
  In talking with folks who have college age students about college loans a number of concerns that were voiced was their belief that federal support and available loans might be the reason why costs of higher education has gone up. 
  College institutions are in the business of educating students and their business requires them to make profits.
  Economists say that  this country needs more college graduates in order to remain competitive and at times  the economics of affording a college education is pushed to the back burner.
  We just heard on TV that college loans debt is quickly reaching the trillion dollar mark so if a percentage of these loans do not get paid the feds will surely make sure someone pays for them.
  We believe the system is a good program and helps many students as long as there is a good check and balance system followed.
  We also hope that it is not true that staffers of Congress family members are exempt from having to pay back college student loans.
  Any law or regulation that Congress passes should  apply to members of the Senate and House of Representatives and equally to the citizens of the United States. 

                                                             

No comments: