Showing posts with label higher education. Show all posts
Showing posts with label higher education. Show all posts

Friday, May 23, 2014

Drop Student Debt

By  Thom Hartman,
Never in the history of the developed world has an entire generation had to go into debt just to get an education and a job. Until now.
Back in January, 31-year-old Tony Muzzatti, who at the time owed around $60,000 in student loan debt to Sallie Mae and always made on-time payments, was told that he had to immediately make a payment of $10,000, or face asset seizures.
That's because his grandmother, who also happened to be his cosigner on the student loans, had just died.
Christopher Kibler was also told by Sallie Mae that he had to immediately pay back nearly $22,000 in student loan debts after his father, the cosigner on his loans, had passed away.
Muzzatti and Kibler are just two of the many victims of what the Consumer Financial Protection Bureau refers to as "auto-defaults," or when banks immediately say that private student loan debts are in default after the death or bankruptcy of a cosigner.

Wednesday, March 03, 2010

California's Higher Education Worth Fighting For- And We Will


Sometimes I think there are two Californias out there. One of them is the California of small things and small thinking. It's the California that is obsessed with petty anti-tax politics. The one that wants to gut social programs and dismantle our public higher education system. It thrives on driving wedges between us and promoting divisiveness.
It's the California of Proposition 187 (cutting services to illegal immigrants), Nixon, Reagan and Gov. Arnold Schwarzenegger. It includes a lot of people who hate government but are the first to complain when the garbage isn't picked up.
The other California is the California of bold ideas and dreams of a better future. It's theCalifornia that wants to conserve and protect its unique and beautiful state parks and wilderness, wishes to invest in its people and seeks common ground amid diversity.

Monday, December 07, 2009

Funding California education

Joint Legislative Committee on the Master Plan . Dec.7,2009.

Education basics:
Since  1990, the legislature and the state funding have failed to adequately fund k-12 education.  For evidence, see the Williams case.   The legislature and the governor have failed.
The just published paper by PPIC notes that 40% of the  California jobs will require a college education by 2020.  We are not preparing these future professionals.
Since 1990 the legislature and the governor have failed to fund higher education. The legislature failed –even before the current economic crisis.
Since the economic crisis of 2008/2009,  the economic crisis of k-12 education and higher education has accelerated.  This crisis was created by finance capital and banking, ie. Chase Banks, Bank of America, and others.   Finance capital produced a $16 trillion bailout of the financial industry, the doubling of America’s unemployment rate and the loss of 2 million manufacturing jobs in 2008.
See Capitalism: A Love Story below.

Wednesday, September 23, 2009

California Legislative Report Card

Report Card

2009.
Funding for California k-12 public education.

Senator Pro Tem. Darrell Steinberg.
Democratic Legislators D.

Republican Legislators F.

Governor Schwarzenegger F.

Funding for California Higher Education

Democratic Legislators D.

Republican Legislators F.

Governor Schwarzenegger F.

Friday, June 19, 2009

The costs of higher education in California

Investing In California Higher Education Benefits All Californians

By Alberto Torrico
Assembly Majority Leader

Republicans just don’t get it. The rest of us understand that the worst national recession in our lifetime demands a shared sacrifice. But the right wing Republicans continue to fight for big corporations enjoying record profits.

Take archconservative George Runner. He actually suggested on the conservative blog Flash Report that asking oil companies to pay for tapping a California resource would empower Hugo Chavez. That’s ridiculous, but it’s typical of the GOP’s blind allegiance to big business.

It’s time to move beyond such meaningless rhetoric. That’s why I’ve introduced AB 656 to raise much-needed funds for the UC, CSU and California Community College systems through an oil severance tax. We are the only oil-producing state in the nation not to levy this tax. Conservative strongholds like Texas, Alaska and Louisiana, plus 18 other states generate revenue for vital services to their residents. In California, we put the burden on working families.

California’s Republican Governor thinks it is a good idea to close down our state’s oldest public law school, turn away over 20,000 high school seniors from our college campuses, and to eliminate Cal Grants, the funds that allowed me, and countless other Californians, to become the first in our families to attend college.

That’s after 7 years of fee increases, including this year’s that will force University of California undergraduates to shell out an additional $662 and California State University students $306. California’s long-time promise of an affordable higher education is jeopardized by declining state support. are raising concerns that access to affordable higher education is in jeopardy because of declining state support.

AB 656 will empower hundreds of thousands of students by keeping college affordable and making sure they have timely access to courses they need to graduate. Instead of working two jobs and taking years to get their degrees because of reduced course offerings, students would join the workforce more quickly.

AB 656 will reinvigorate our economy by ensuring that a steady stream of well-trained and educated workers keeps flowing into our key industries, our classrooms and our health-care facilities. A recent Public Policy Institute of California study found that if current trends continue, California will face a shortfall of one million college graduates by 2025. That would devastate our economy and the thousands of companies that rely on these institutions to supply skilled workers.
Posted from the California Progress Report.
 
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