Thursday, July 18, 2013

House Speaker Boehner on Obamacare and College Loans

Open email to House Speaker Boehner:

Dear Speaker Boehner,
    I have read your newsletter.

Obamacare    You are pretty much on target here in continuing to fight against this law in every way possible. I like your approach in relating mandate postponements to individuals, as well as to companies.

Making College More Affordable    You continue to miss the main point here. College has been oversold to the American public. The overselling has led to exorbitant college price increases and accompanying accumulation of tremendous student loan debt. All of this, without real prospect of jobs to pay off loans.
    With your program to reduce student loan interest rates and continue government grants of taxpayer funds to students and universities, you are exacerbating the situation.
    While low student loan rates and government grants of taxpayer funds may help in your gaining some younger votes, you are doing a disastrous service to those same people, with their accumulation of debt and inability to repay. In the final analysis, perhaps you are thinking that government will forgo the debts and it will all fall again on the taxpayers. If so, that would be the usual thought process of a Socialist/Democrat. I hope I can think better of you.

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