Obama's Legacy: Half Of College Students Now Expect Taxpayers To Bail Them Out

Image result for obama liedStudent Loans: When President Obama came into the White House eight years ago, he promised a "New Era of Responsibility." It didn't work out that way, particularly for student loans, leaving President Trump with a huge mess to clean up.

In fact, when it comes to borrowing for college, students are being utterly irresponsible.

A recent survey by LendEDU of 500 current college students found that 49.8% of them think that the federal government will forgive their loans after they graduate.

"In reality," LendEDU's Mike Brown notes, "a very small percentage of graduates will even qualify for Public Service Loan Forgiveness. It is worrisome that current students may be over-borrowing on the hope that their student debt will be forgiven in the future."

Worrisome, indeed, particularly given that the amount federal student loan debt is currently $1.3 trillion, and rising fast.

Of that, $31 billion is seriously delinquent — meaning that debtors are at least 90 days past due on their payments. In fact, at 11.2%, the delinquency rate on student loans is 57% higher than credit card debt, and nearly four times the rate of all loans combined.

For the most part, it is President Obama who is to blame for this mess. One of his first actions as president was to nationalize the student loan program, cutting out private lenders and instead having the government lend directly to students.

As a result, direct lending went from 21% of federal student aid in 2009 to 73% today, and the total amount of student loan debt on the federal books doubled in eight years.

At the same time, Obama made it easier for students to avoid paying back the full cost of those loans, and repeatedly spoke as if students were victims who deserved to be protected from their own debt. In fact, Obama's "reforms" of student lending became widely known as the "Obama Student Loan Forgiveness" program.

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Student loans are not about the students but about subsidizing corrupt, socialist professors seeking to drive students toward communism and overthrow the United States and our Constitution. End all federal funding to students and the liberal institutions.

Let 18-30 year olds enter the workforce, and pay their own way. They will then seek education that can actually help them become productive members of society and not out participating in protests paid by George Soros, the most vile scumbag of all the world.

spot on!

I agree!

Robert,

Well stated.

The irony of this is you cut this group down to size you cut the street protesters simultaneously.  T'his group is the one causing the upheavel in the streets

It's called Personal Responsibility. You make a debt or bill then You Pay it . the education benefited  You not the tax payer so you pay the debt.

The young have been set up for debt.

About 35 years, on the Phil Donahue show there was an audience full of people who had several degrees, and none of them could get a job.

Debt is but a way to control people.

obuma needs to be an un American citizen.

fuhrer Osama IS an un-American, a punk trying to overthrow the government and establish himself as the dictator in charge!!!!!  He should be hanged by the neck until his corpse rots!!!!!

Not sure, but I think he really IS!  I still have not seen an disputable BIRTH CERTIFICATE  for him.  You know....  One that describes a REAL hospital and cannot be taken apart with Photo Shop.

More free stuff to increase the $20 trillion dollar debt and $120 trillion dollars of liabilities in government promises.

" In fact, when it comes to borrowing for college, students are being utterly irresponsible.

A recent survey by LendEDU of 500 current college students found that 49.8% of them think that the federal government will forgive their loans after they graduate. "

They want the freedoms that are in America they just want someone else to pay for those freedoms

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LIGHTER SIDE

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ALERT ALERT

Breaking:  FBI Admits Comey Leaked Memos 
 That Were Classified   Material! 

The FBI turned over the Comey memos to Congress today after missing their deadline earlier in the week.

Congressional leaders threatened to impeach deep state leaders if they continued to stall on the memos.

Fired FBI Chief James Comey wrote about the memos in his book and leaked the documents to reporters last year. Congress has not yet had a chance to look at the memos — Until tonight.

AND—– THE MEMOS ARE CLASSIFIED!

Meaning Fired FBI Chief James Comey leaked CLASSIFIED DOCUMENTS TO THE PRESS.

From the report:

From the DOJ to Congress:

Therefore, pursuant to your request, we are providing the requested memoranda in both the redacted and unredacted formats for your convenience. Consistent with your request, we are providing an unclassified version of the documents redacted to remove any classified information.

The DOJ wrote Congressional leaders this evening.

page 2

Hannity: Good news for Trump, crushing blows for the left

GOP Congressional Leaders Nunes, Gowdy And Goodlatte Release Statement On Comey Memos

House Permanent Select Committee on Intelligence Chairman Devin Nunes (R-Ca.), House Judiciary Committee Chairman Bob Goodlatte (R-Va.), and House Oversight and Government Reform Committee Chairman Trey Gowdy (R-S.C.) issued a statement on the memos later tonight.

The House chairmen note that the memos prove that fired Director Comey never felt obstructed or threatened from his relationship with the president.

And… former Director Comey leaked at least one of these memos for the stated purpose of spurring the appointment of Special Counsel.

The Permanent Select Committee on Intelligence published the statement tonight:

Today House Permanent Select Committee on Intelligence Chairman Devin Nunes (R-Ca.), House Judiciary Committee Chairman Bob Goodlatte (R-Va.), and House Oversight and Government Reform Committee Chairman Trey Gowdy (R-S.C.) issued the following statement:

“We have long argued former Director Comey’s self-styled memos should be in the public domain, subject to any classification redactions. These memos are significant for both what is in them and what is not.

Former Director Comey’s memos show the President made clear he wanted allegations of collusion, coordination, and conspiracy between his campaign and Russia fully investigated. The memos also made clear the ‘cloud’ President Trump wanted lifted was not the Russian interference in the 2016 election cloud, rather it was the salacious, unsubstantiated allegations related to personal conduct leveled in the dossier.

The memos also show former Director Comey never wrote that he felt obstructed or threatened. While former Director Comey went to great lengths to set dining room scenes, discuss height requirements, describe the multiple times he felt complimented, and myriad other extraneous facts, he never once mentioned the most relevant fact of all, which was whether he felt obstructed in his investigation.

The memos also make certain what has become increasingly clear of late: former Director Comey has at least two different standards in his interactions with others. He chose not to memorialize conversations with President Obama, Attorney General Lynch, Secretary Clinton, Andrew McCabe or others, but he immediately began to memorialize conversations with President Trump. It is significant former Director Comey made no effort to memorialize conversations with former Attorney General Lynch despite concerns apparently significant enough to warrant his unprecedented appropriation of the charging decision away from her and the Department of Justice in July of 2016.

These memos also lay bare the notion that former Director Comey is not motivated by animus. He was willing to work for someone he deemed morally unsuited for office, capable of lying, requiring of personal loyalty, worthy of impeachment, and sharing the traits of a mob boss. Former Director Comey was willing to overlook all of the aforementioned characteristics in order to keep his job. In his eyes, the real crime was his own firing.

The memos show Comey was blind to biases within the FBI and had terrible judgment with respect to his deputy Andrew McCabe. On multiple occasions he, in his own words, defended the character of McCabe after President Trump questioned McCabe.

Finally, former Director Comey leaked at least one of these memos for the stated purpose of spurring the appointment of Special Counsel, yet he took no steps to spur the appointment of Special Counsel when he had significant concerns about the objectivity of the Department of Justice under Attorney General Loretta Lynch.

As we have consistently said, rather than making a criminal case for obstruction or interference with an ongoing investigation, these memos would be Defense Exhibit A should such a charge be made.”

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