As parents and students struggle to keep up with rising college tuition and take on greater burdens of debt, universities are being challenged to justify the ballooning athletic fees they tack on to the bill.
On July 1, the interest rate on new Stafford subsidized federal college loans is scheduled to double. Rather than trying to maintain the current rate, Congress should take this opportunity to restructure student aid, directing more money toward those with the greatest need.
San Antonio Mayor Julian Castro predicted President Barack Obama will win at least 70 percent of the Hispanic vote, describing Republican challenger Mitt Romney as “the most conservative candidate that the Latino community has ever seen.” Castro, the convention’s keynote speaker on Sept. 4, was interviewed today at a Bloomberg/Washington Post breakfast in Charlotte, North Carolina.
Valerie Jarrett, a senior adviser to President Barack Obama, said at a Bloomberg breakfast in Charlotte, North Carolina that the president would work with the business community to overhaul the tax code in a second term, as Democrats today kick off their national convention that aims to propel his re-election bid.
There are two main problems with sequestration. The first is that the $1.1 trillion in budget cuts happen in an idiotic, across-the-board fashion. Think farm subsidies are less valuable than medical research, and thus should take a bigger cut? Too bad. Sequestration is too dumb to tell the difference.