Sunday, May 9, 2010

What's Obama Student Loan Program

The federal student loan program would be an instrument for the enslavement of young people easily become the Student Loan Program government of the United States.

The share price as the main promoters of student loans Sallie Mae, Citigroup, JP Morgan Chase and Bank of America would be lower. Obama wants the majority of loans to students moving into the student loan program for direct loans from the U.S. Department of Education.

Student loan reform. What happens if a student withdraws or loses his job before paying student loans? Federal guaranteed loans, or other form of federal loan forgiveness. "

Eligible for forgiveness are strict requirements, such as carrying out volunteer work, military service, teaching or practicing medicine in certain communities and / or meet other conditions specified by the program as work on forgiveness public safety, law enforcement, education, early childhood, health, public education, public library or school library, emergency services and management the list goes on.

The new program is managed by the U.S. Department of Education, it is easier for youth to enroll in schools of higher education. However, it comes with heavy chain attached. On the one hand, the U.S. Department of Education that is not a financial institution, does not guarantee respect for the law. The security forces will be the IRS. The financial burden will be on the funds and financial institutions. The U. S. Ministry of Education is not responsible for their decisions on how to distribute the prizes.

U. S. Ministry of Education will be a totalitarian institution's obligation to its own policies and the people who became the department. It resembles the communist Ministry of Higher Education and is the subject of this article.

Free education - Communist style

A bit of social history is needed here. The communist system, by design, provided 100% employment for all to work. To the outsider this seemed very naive and noble course, many people have benefited from not having to worry about themselves and their families.

Since there is no private sector, if someone unemployed was the only way to survive is for the government-owned institutions to steal. It was so simple. At least that was what the government rightly fears. Still, the theft of building materials and just about everything that is not available through retail outlets, are smuggled out of factories or other institutions and sold on the black market. Fuel truck, also owned by the government, was the essence painted red. Truck drivers would regularly sell gasoline to private motorists, especially motorcyclists. The government had set up police checkpoints on all main roads leaving the cities and towns just to check stolen gasoline, and the development of individuals to control.

The education system is very strict. It was virtually impossible to test without a good knowledge of the subject.

School is compulsory. Students were not allowed to repeat grades. Students who are not graduating from high school have been attributed to technical occupations. The school was run like a boot camp. No distortion and allowed corporal punishment was routine. When we were in high school, nobody dared to intervene, she knew better. Despite this, some teachers are not weak if you do your homework or lacked the knowledge to the test class. Sick leave must be approved by the school doctor or nurse on site.

In high school studies, we had two options: 1. Qualify and are admitted to a university or two. Get in the army, who were required (two years).

high-level training is only available as a master (5 years). There is no equivalent of a college. The equivalent of four years colleges was seen as a business school and has no proper credit to school senior. To obtain a Masters, you have to start from scratch, no matter how many years you have accumulated business school.

One student loan reform problem with this system of education is the very limited number of places in each year. It was not uncommon to 30,000 candidates competing for 300 seats in medical school to see. The student loan reform technical colleges have summer school I applied, there were 300 posts and 15,000 applicants. The admission committee process was very simple: five days of oral and written tests. The federal student loan faculty has no admissions into the high school grades and reputation. All federal student loan secondary school curriculum were identical across the country.

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