Thursday, May 14, 2015

DESTROYING THE AMERICAN MIDDLE-CLASS State funding for higher education in US slashed by 20 percent since 2008

State funding for higher education in US slashed by 20 percent since 2008


Did Obamanomics destroy the American middle class and build the LA RAZA Mexican welfare state in its place?

YOUTH: Will he finish off the American


The fraud of Obama’s “Student Aid Bill of Rights”

By Nancy Hanover
23 March 2015


Last week President Obama announced a series of executive actions that he dubbed a “Student Aid Bill of Rights.”

The initiative is partially an exercise in damage control. It follows a series of lawsuits and scandals involving the Department of Education (DOE). The government agency has become the target of growing anger for protection of predatory student loan collection agencies, its bailout of the for-profit career college chain Corinthian and its overall profit-taking from student loans.


The 43 million Americans who owe some $1.3 trillion in student loan debt were offered zero forgiveness. In fact, Obama does not propose even one measure to actually lessen the ever-escalating cost of college or encroach on the lucrative business of student loan debt. All the “rights” remain in the hands of the government, the banks and hedge funds.
Far from a “Bill of Rights” Obama continues to deliver a fraudulent bill of goods. At every point, his administration has protected the financial industry in looting an entire generation of students, preventing millions of young people from either attaining the education they desire or making them pay through the nose for the rest of their lives.

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