by Jane Richey | Jun 28, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Senate and House negotiators have struck a deal to combine the transportation reauthorization, student loan bill and flood insurance legislation in a package expected to pass by the end of the week, according to congressional sources. The package likely represents the...
by Jane Richey | Jun 8, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Senate Majority Leader Harry Reid (D-Nev.) said Thursday that Congress should consider combining reforms to pension contributions with a proposed surface transportation bill that appears stalled in House-Senate negotiations. In a letter to House Speaker John Boehner...
by Jane Richey | May 15, 2012 | Constitutionally Limited Goverment, Free Markets, Politics
President Obama’s fiscal 2013 budget proposal would double the interest rate on federally backed student loans from 3.4 percent to 6.8 percent–eight months after the November presidential election. The White House fiscal year 2013 plan calls for...
by Jane Richey | May 7, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Many college students are not earning enough to pay back their student loans, because they choose majors that pay too little upon graduation, and 15 percent of college grads are still paying back student loans at age 50, Peter Morici, University of Maryland Economics...
by Jane Richey | May 2, 2012 | Constitutionally Limited Goverment, Free Markets
Last week, the total amount of debt emanating from student loans in the U.S. reached $1 trillion. With the Great Recession still present in the daily lives of the middle class, salaried jobs for college graduates are tough to come by. Many have had to settle for...