SENATE BILL: Student Loan Protection Act (Law'd) (user search)
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  SENATE BILL: Student Loan Protection Act (Law'd) (search mode)
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Author Topic: SENATE BILL: Student Loan Protection Act (Law'd)  (Read 2957 times)
Fmr President & Senator Polnut
polnut
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*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« on: September 02, 2011, 07:08:34 PM »

Um... what about people who are getting loans who are currently studying? I think it's a bit unfair  on these people... if you're going to do that, it would probably need to be future students...

Is there a mechanism to direct additional funds to public universities? Because I can see tremendous pressure on public universities from students who don't want to pay the higher interest-rates of private loans.
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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« Reply #1 on: September 02, 2011, 10:09:29 PM »

Sorry, I don't think I'm asking unreasonable questions here... Also how do we define 'for-profit'?

Because how you define that term will in fact impact other institutions...
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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« Reply #2 on: September 03, 2011, 01:41:47 AM »

Whether it's easy to do or not doesn't mean that it shouldn't have a clear definition in the Bill. I don't see why this has to be contentious -
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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« Reply #3 on: September 03, 2011, 09:33:07 PM »

Can public universities be considered "for-profit" though? I can see a lot of big private schools being considered for-profit, but I can't imagine any tax funded school being for-profit. That said, we need some way to clarify schools as for-profit, because I cannot support any bill that essentially bans federal aid to any private university. I know that isn't the aim of this bill. We do need clarification though.

THANK YOU!

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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« Reply #4 on: September 04, 2011, 06:12:02 PM »

That was all I was asking for, a little bit of reasonable clarification...
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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« Reply #5 on: September 07, 2011, 07:30:12 PM »

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