Thursday, May 31, 2012

America is in the midst of a student loan crisis



Mike Papantonio, Attorney/Host-Ring of Fire Radio joins Thom Hartmann. Mitt Romney released his so-called plan for educating students in America last week - and to noone's surprise - the plan does very little to help students in America afford a higher education. Rather than promote policies that reduce the costs of college and help the student loan debt crisis - Romney has chosen to protect for-profit colleges and big business. In fact - Romney pledges to undo two essential reforms implemented by President Obama and his administration: Student Loan Reform and Holding For-Profit Colleges accountable for waste, abuse and fraud. Right now - student loan debt in America is over $870 billion dollars - and apparently - if Mitt Romney becomes President - he's comfortable letting this debt grow larger. Whether Romney wants to admit it or not - America is in the midst of a student loan crisis - and something needs to be done about it.

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