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I can't help feeling this is somewhat orchestrated. This author was an adviser to Clinton's campaign. Clinton has already said this is a problem, but the real
by IanDrake 10y ago
I can't help feeling this is somewhat orchestrated.
This author was an adviser to Clinton's campaign. Clinton has already said this is a problem, but the reality is that she will do nothing about it (for various reasons). So, it seems the best way to make that palatable to her base is to start a new narrative that says, "there is no problem".
Like a Jedi brain trick, her followers will parrot the same thing and repeat the cherry picked statistics in these talking points.
- jorge-fundido 10y agoEspecially considering how this started under Bill Clinton's administration (see Title IV) [1]. I remember watching how proud he was of it [2][3]. Maybe the intentions were good but coupled with the repeal of Glass-Steagall and rise sub-prime mortgage crisis makes me wonder. [1] https://www.congress.gov/bill/103rd-congress/house-bill/2264/text https://www.congress.gov/bill/103rd-congress/house-bill/2264... [2] https://youtu.be/b1TdC9g4XBQ?t=32m28s https://youtu.be/b1TdC9g4XBQ?t=32m28s [3] http://www.pbs.org/newshour/bb/politics-july-dec96-clinton_08-29/ http://www.pbs.org/newshour/bb/politics-july-dec96-clinton_0...
- maxerickson 10y agoNothing is a pretty low bar. Offering a Federal refinance option wouldn't necessarily cost anything, it would just forgo revenue. Figuring out which schools are worthless and making it harder to spend federal loans at those schools is win-win-win. Incentivizes for public schools to limit cost increases can probably work. So there is enough room for improvement that expecting nothing is pretty pessimistic.