Schooled!
Making higher education more affordable
By: Annie Gldzhyan (follow this member)
Tue, 03/30/2010 - 13:10
After the protests over budget cuts, students can finally take a breath of relief. President Obama is standing with American students. He has signed a new law designed to free up more money for higher education by ending the role of banks as "middlemen" in the college lending process, the Los Angeles Times reports. The changes to the college loan business come as part of the final piece of the health care reform law.
Obama says the education measures would help meet his national goal of having the highest proportion of college graduates in the world by 2020.
The new law will also put a cap on college graduates' annual loan payments, so that they only have to pay back 10 percent of their income.
Annie Gldzhyan is a student at California State University, Northridge and the editorial assistant at TheLoop21.com.
RELATED STORIES
-
Black men have something of value to offer in America’s classroomsThu, 09/02/2010 - 00:00A new report says the graduation rate for Black males is less than 50 percent. ...
-
WSU Racial Grad Gap Worst In U.S.Mon, 08/23/2010 - 09:05African American students at Wayne State University are graduating at a rate fewer than 10 percent compared to their white counterparts who are reportedly graduating at a rate four times higher. The racial gap is considered the worst in the nation among public universities, according to a report by the Washington, D.C.-based Education Trust. WSU officials say that they are working to retain and graduate more students, tailoring their efforts to Detroit students who tend to be less prep ...
-
Black Muslims and the Ground Zero mosque frenzyTue, 08/17/2010 - 23:59Most Democrats recognize that religious diversity is prized. It’s no wonder that the two Muslims in Congress, Keith Ellison and Andre Carson are both Black Democrats. ...
-
Report: Schools systematically fail our black boysTue, 08/17/2010 - 22:42Less than half of black males graduate on time, according to Schott Foundation ...
theloop Twitter
- A comedian said it best: Caucasian see the big picture, that's why they are running scared. Africa... On A "Lottery Ticket" is no ticket to wealth
- Debt Hater, you are so wrong. This article is definitely on the money (pun intended) as to what is ... On A "Lottery Ticket" is no ticket to wealth
- If you would like an open forum for your readers, then please post their comments. Thank you. Sig... On Is Obama paying the ultimate black tax?
- Playing out politics like Kendrick Meek plays is not a good thing. Kendrick Meek does not keep his ... On How Kendrick Meek became the new Artur Davis
COMMENTS
Post new comment