To give contract for student loan servicing to one company

20 May, 2017, 10:37 | Author: Valerie Burke
  • President Trump and Education Secretary Betsy De Vos attend a White House meeting with parents and teachers in February

In K-12 education funding, 22 programs would be eliminated.

This post originally appeared at Education Opportunity Network.

Sen. Patty Murray of Washington, the ranking Democrat on the Senate education committee, issued a statement saying, "This budget would weaken communities by eliminating funding for after-school programs, grant aid for struggling college students and teacher and principal training programs, and so much more-even Special Olympics education programs". Secretary of Education Betsy DeVos is a radical Christian extremist who wants to use American schools to "advance God's kingdom".

The "reshaping" includes cutting loans and work-study programs for disadvantaged students and ending subsidized loans for students still in schools and the program that forgives college loans for students who eventually take jobs in the public sector. Federally funded after-school programs that keep 1.6 million American kids safe and provide wholesome activities would vanish.

DeVos has made clear, before and after joining President Donald Trump's administration, that she thinks public education is a failure - a view her budget would help make a self-fulfilling prophecy. Under the new budget, based from documents obtained by The Post, undergraduates would instead pay 12.5 percent for only 15 years while graduates paid for 30 years.

In addition, the new budget "would make space for investments in choice, including $500 million for charter schools, up 50 percent over current funding". Other cuts include $2.1 billion for teacher training and class-size reduction, a $12 million program for gifted students, $12 million allocated for Special Olympics programs, a $27 million arts program, $72 million allocated for foreign language and global studies programs, and $65 million allocated to programs for Alaskan and Hawaiian Native populations.

Under the proposal, no funds would be dedicated to student support and academic enrichment, which aids schools in paying for mental-health services, anti-bullying initiatives, physical education, Advanced Placement courses and science and engineering instruction. Another $250 million will be spent on "Education Innovation and Research Grants", which would be dedicated for expanding school vouchers for private schools and for studying the impacts of these vouchers. But mot only is it ethically problematic for our government to treat college students like cash cows; it's also just another way to ensure more money for education is directed to the huge financial empire that profits off servicing those loans, refinancing the debt and collecting on loans that go into default.

In other words, more money for religious schools. Nationwide, the $1.4 trillion student loan debt is owed by 44 million college graduates. When it comes to education, those are the swamp critters to watch out for, and budget time is when they're most unsafe.

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