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Author Topic: SENATE BILL: Student Loan Protection Act (Law'd)  (Read 1235 times)
Senator North Carolina Yankee
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« Reply #25 on: September 04, 2011, 09:33:28 pm »
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Quote from: Amendment 45:1 by AHDuke99
Student Loan Protection Act

Section I
1. Students attending for-profit universities, defined in section 2, shall not be eligible for financial aid through the Bureau of Student Finance.

Section II
1. For-profit universities shall be defined as any educational institution that is run by a private, profit-seeking company or organization.
2. Universities who make profits solely based on athletic events and merchandise licensing shall not be considered "profit-seeking" universities.
3. Public, tax payer funded state universities shall never be considered "for-profit" universities.

Sponsor Feedback: Invalid Domain Name
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Snowguy716
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« Reply #26 on: September 04, 2011, 10:39:10 pm »
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I think the amendment looks good.  I'm glad Duke distinguishes between "profitable" athletic events, etc (the profits therefrom being used mostly for improvement of those programs or for scholarships to students participating in those programs).

There should be a definite, clear difference between profiting off of an athletic event where everyone shows up and buys a ticket... and charging tuition and then encouraging students to use subsidized student loans to pay it, thus giving the private for-profit college higher profits.

We should be subsidizing college educations at institutions that enrich peoples' lives, not peoples' pockets.
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"Above and beyond the question of how to grow the economy there is a legitimate concern about how to grow the quality of our lives."
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« Reply #27 on: September 04, 2011, 10:40:08 pm »
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Friendly
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When I was in the third grade, I thought that I was Jewish
Because I could count, my nose was big, and I kept my bank account fullish
I told my mom, tears blurring my vision
He said, "Mort, you've loved God since before circumcision"
Senator North Carolina Yankee
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« Reply #28 on: September 04, 2011, 10:59:48 pm »
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Quote from: Amendment 45:1 by AHDuke99
Student Loan Protection Act

Section I
1. Students attending for-profit universities, defined in section 2, shall not be eligible for financial aid through the Bureau of Student Finance.

Section II
1. For-profit universities shall be defined as any educational institution that is run by a private, profit-seeking company or organization.
2. Universities who make profits solely based on athletic events and merchandise licensing shall not be considered "profit-seeking" universities.
3. Public, tax payer funded state universities shall never be considered "for-profit" universities.

Sponsor Feedback: Friendly
Status: Senators have 24 hours to object to the passage of the above amendment. 
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Senator North Carolina Yankee
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« Reply #29 on: September 05, 2011, 11:24:18 pm »
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Amendment 45:1 has passed.
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GM Napoleon
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« Reply #30 on: September 05, 2011, 11:51:13 pm »
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Final vote?
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When I was in the third grade, I thought that I was Jewish
Because I could count, my nose was big, and I kept my bank account fullish
I told my mom, tears blurring my vision
He said, "Mort, you've loved God since before circumcision"
Senator North Carolina Yankee
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« Reply #31 on: September 05, 2011, 11:56:28 pm »
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Let's see:

1. No debate in the last 24 hours.  Check
2. A call for a final Vote. Check



So yea, this bill is now at final vote, please vote Aye, Nay, or Abstain.
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Snowguy716
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« Reply #32 on: September 05, 2011, 11:59:36 pm »
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Aye
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« Reply #33 on: September 05, 2011, 11:59:58 pm »
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Aye
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When I was in the third grade, I thought that I was Jewish
Because I could count, my nose was big, and I kept my bank account fullish
I told my mom, tears blurring my vision
He said, "Mort, you've loved God since before circumcision"
Senator North Carolina Yankee
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« Reply #34 on: September 06, 2011, 12:03:50 am »
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Aye


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Duke
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« Reply #35 on: September 06, 2011, 01:00:58 am »
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Aye
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Jbrase
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« Reply #36 on: September 06, 2011, 01:05:09 am »
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Nay
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bgwah
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« Reply #37 on: September 06, 2011, 01:50:51 am »
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aye
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FBF
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« Reply #38 on: September 06, 2011, 09:22:46 am »
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aye
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Senator North Carolina Yankee
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« Reply #39 on: September 06, 2011, 10:51:11 am »
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This bill has enough votes to pass, Senators have 24 hours to change their votes.
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Senator North Carolina Yankee
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« Reply #40 on: September 07, 2011, 06:15:25 pm »
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Quote from: Final Text
Student Loan Protection Act

Section I
1. Students attending for-profit universities, defined in section 2, shall not be eligible for financial aid through the Bureau of Student Finance.

Section II
1. For-profit universities shall be defined as any educational institution that is run by a private, profit-seeking company or organization.
2. Universities who make profits solely based on athletic events and merchandise licensing shall not be considered "profit-seeking" universities.
3. Public, tax payer funded state universities shall never be considered "for-profit" universities.

Final vote on passage of the Student Loan Protection Act:
Aye (6): AHDuke99, bgwah, Fuzzybigfoot, Napoleon, NC Yankee and Snowguy716
Nay (1): Jbrase
Abstain (0):

Didn't Vote (2): BRTD and Officepark


The bill has passed the Senate and is presented to the President for executive action.
« Last Edit: September 07, 2011, 06:17:39 pm by Senator North Carolina Yankee »Logged

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Senator-elect Polnut
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« Reply #41 on: September 07, 2011, 07:30:12 pm »
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