Obama's new school rules do NOT rule.

As far as I know, Obama recently decided that in order to save $48 billion over the course of a decade, the system of student loans needs to be changed. In doing so, the private lenders (banks) will no longer give out the loans as a result of all the profits being made by the banks alone while taxpayers and the government pay the price. Instead the government will directly give out the loans. This is how I have interpreted what I've researched about the subject.
More importantly, how did I come to even hear about this change in the system? My best friend Amy attends Indiana State University. She is a great student who holds a 3.8 G.P.A. She wants to be a dietitian and is completely focused on that goal. However, this summer she discovered that her student loans were denied. How is this? When she told me about the denial of her loans, I was infuriated. I have a scholarship for myself and don't have to worry about loans, but I am astounded that my friend might not be able to go to college despite all of her ambition and hard work because of the change in the system. She told me that her Dad explained to her how her loans were denied because of Obama's new plan. Thus, this is why I decided to research the matter. I just don't understand why my friend, who is so deserving to go to college, is being denied the right.

poor Amy.

(left:Me. right:Amy.)

article source: http://voices.washingtonpost.com/44/2009/04/24/obama_spotlights_student_loan.html Michael A. Fletcher

Tags: denied, obama, school loans

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Comment by Natalie Kempf on July 20, 2009 at 6:05pm: sooo i think it's really funny Jerry,

that you included "democrat volunteer worker" into the group of people that are "ahead of me in line" wow.

I guess other volunteer workers don't matter, you only matter if you're a democrat volunteer worker

Comment by Dan on July 20, 2009 at 5:58pm: I'm so sorry this happened to your friend, really. I hope people who voted for this political reject will begin to realize he is not our friend, he has other agendas and motives. Already breaking MANY campaign promises. I still can't believe this guy actually won the presidency. At the end of this 4 years people will be ready to vote for Stalin.
Dan

Comment by Joe on July 5, 2009 at 1:13pm: HonRev: FYI, I am an American citizen, as I suppose you are. And I have as much right as you do to state my opinion about my country, which is the United States. I respect your opinion, even if I don´t share it, and I hope you do the same with mine. People of good will can propose affordable access health care and education for all, without being called a "commie". It would be more credible for you to argue the issues, rather than trying to discredit anyone who voices an opinion you don´t share, like you apparently like to do, by making personal -and in your case, inaccurate- comments.

By the way, read a little bit to understand the differences between political systems, and that Communism has been gone for good from all Western -and Eastern- industrialized nations for many years now, thank God. And if you so much hate any ideas that to you sound "socialist", I suppose you hate Social Security, free public education though high-school, Medicaid and Medicare. That´s fine, but let others have other opinions different to yours. That is the American Way. I hope we can at least agree on that.

Comment by HonRevJoWazzoo on July 5, 2009 at 12:54pm: Hey Joe. Stay out of American politics and we will stay out of yours. You good folks are Socialists as is most of the world. Or worse Communists ...or whatever. NO - you have no freaking idea what you are talking bout. Sure, Socialism is great until the other people's money is gone. Margaret Thatcher.

America will be a great country until the politicians use the peoples money to buy them off. de Toqueville (sp = no I ain't lookin it up.) Or borrow them off - as is happening today.

And the greatest experiments in Socialism/Communism are disasters. Except for China. But they are not Communists anymore. Sure on the Political side - supposedly. On the Economics side - free entrerprise capitalism sponsored by pay-offs to the regime. Marx would roll over in his grave - given the state of Communism in the world today.

Obamessiah is a luzer socialist pig. You can have him if you want. Actually, please take him. Please.

Read OUR constitution some time. It has been in place for a good long while. Unlike most in the world, if they exist, which change every 6 months.

"...this big country of ours...You are from Madrid Spain? Huh?? WTF are you talking about?????????

FWIW, ALL western civilized societies would NOT exist except for the benevolence and BLOOD of America and its people. Goodbye.

Comment by Joe on July 5, 2009 at 1:49am: Greg: Education and Health Care ARE basic human rights, regardless what any law or decree chooses to say about them, and are recognized as such by all Western industrialized nations, except the US. In fact, not only are they recognized by them, but they are provided to all, as their right as human being and as citizens. That is how it should be in the US, and it is painful -and shameful- that it ain´t so yet in this big country of ours, except for primary education. It will happen someday when Republicans join Democrats in doing the right thing, because it is the right thing to do, and because otherwise we´ll be left in the wrong side of history.

Comment by Greg Sundholm on July 4, 2009 at 10:48pm: Education is not a "RIGHT" it is not mentioned in the Constitution nor the Bill Of Rights. It is unfortunate that the previous system is being manipulated into something that is unfair. Seems to me that it another wedge riving into the cracks in society to empower "The chosen one" with more overall power than should rightly be his.

Comment by Bret Spector on July 4, 2009 at 6:29pm: Not being in college myself, I do not know how much some people are angered by this. I would certainly be angry if this happened to me, no doubt. I think that to fully understand what's going on..er..I need to actually be in college.

Comment by Robert Cook Jr on July 4, 2009 at 2:21pm: OK, and Jerry , Please I am Robert not Bob! Thanks have a great 4th!

Comment by mary rose on July 4, 2009 at 9:52am: I have been witnessing more and more "Obama-bashing" articles like this which, when investigated are found to be blatant misrepresentation of the facts. And when investigated as to the source of the misrepresentation much of it is coming from the Republican side of the aisle as the "sore losers" in the game play dirty pool in order to try and ensure their reelection next time around by making Obama look bad. I just put up a message on Twitter which read: "Governance via money-based politics is like putting two Pitt bulls into an arena and watching them go for the jugglar vein." And, the question must be asked as to whether or not this is the best way to manage a country? Would these kinds of shennagins be tolerated in a "for profit" company? If not, then why in the hell are we letting our country be run in this manner?

Comment by dave on July 4, 2009 at 9:38am: Actually it is her fathers income and not Obamas fault . They didn't restructure too much of the student loans area .You need to check into things before you post blogs and have material to back it up .