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Friday, December 31, 2010

Info Post
The White House is spitting out the same ole sorry message about how they are helping student loan debtors.The focus remains on prospective students.

Heather HigginBottom, the Deputy Assistant to the President for Domestic Policy, shares the latest suggestions from the White House (assess and view her comments below). She responded to a young woman who has student loan debt and four children. The young woman wrote to President Obama about her student loan debt. The note did not indicate what sort of loans she has, so that makes the message problematic. Ms. Higginbottom let her know that they are committed to making college more affordable. Wow! Great. Because we've never heard the White House talk about prospective students. Shortly after she talked about all the awesome things they're doing for future college students, Ms. Higginbottom turned to the woman's current situation. She encouraged her to look into consolidating her loans and IBR. Those things are fine, but again what if the woman has private loan debt? IBR is of no use. Moreover, if the woman were to go into default, she would no longer be a candidate for these programs. But Ms. Higginbottom really didn't have much else to suggest. Luckily, she returned to speaking about prospective students and all the wonderful things they're doing for them, and how this woman can be assured that her 4 children will have opportunities to go to college, and take on their own student loan debt. Whoopdeedoo. Ms. Higginbottom, you are ignoring the indentured educated class, but why am I surprised?


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