Thursday, October 29, 2009


President Obama has made it clear in one of his speaches that everyone should be going to school if they have the chance. This includes back to school moms and return to school moms who might have a chance to get a better education.

Are there any specific Obama school grants out there that are new that have been created just by him? The answer to that is "NO" I believe, although he has upped the amount that Pell grants can be for from $4,050 to $5,100.

There is also information about the American Opportunity Tax Credit which will make the first $4,000 of a college tuition free for many Americans. It will cover about 2/3 of the tuition cost for an regular public college. This Obama tax credit will be helping families that are in the low income tax bracket and who need it the most.

People are in real need of financial aid for college and schooling right now has it has gone up so much in the last ten years. Everyone agrees that college is very important for young people who are the future of this country. If college becomes too expensive for many of them, we will have a new generation of workers who will not be as educated as previous generations and that will further contribute to America's woes.

Obama school grants would be something that many people would be excited to use and greatly benefit from. Unfortunately, the US government is in such financial trouble that there is just not enough money to go around. The stimulus bill grants and loans have helped many companies and local communities but it there has been very little for education to help schooling for the general public.

Saturday, October 24, 2009


I have heard a lot about the "Return To School" grants program that Obama has been pushing. Well, let me rephrase that: I thought I had heard about it but know I wonder whether it really exists. I don't think there is anything anywhere that can officially be called Obama financial aid for moms.

I set out to try to find out more about this program and as the Internet is the fastest way to investigate these things, I did a lot of Google searches. I was looking for some official website or news story from a real news source that could shed some light about anything related to return to school for moms grants or loans.

What I found was absolutely nothing official at all. There were many articles written by normal people about this so-called program but all of them were really dancing around the subject and gave no specifics.

Usually when you search for something that is real and official, you will find real news articles about it from Fox, MSN, or some other source. You might also find a government website ending in .gov which will give you more information.

However, in searching for anything related to Obama grants for moms and a moms return to school grants program, I found nothing at all and I searched many different similar searches. This leads me to believe that there really is no such type of loan and it is all just made up. Probably President Obama did utter the words "moms return to school" somewhere in one of his speaches and somehow people latched on to it and now it has taken on a life of its own.

I may be wrong about this and there might really be some new back to school for moms grant but I sure can't find anything official about it anywhere.

Friday, October 23, 2009


As you may know by now, college financial aid may change in 2010 under our new President. Obama financial aid will involve students getting their loans directly from the government and bypassing the private sector.

One of the problems with this is that one entity will now be deciding the fate of millions of students and that entity is the US government no less. What task does the government do well and why should we assume they will be able to effectively dole out loans?

Under the Obama student loans proposal, all competition would be gone. That is never good as competition is the one thing that keeps costs down and makes companies do their best. One reason why the government fails at so many things is because there is no competition. Have you ever been at the DMV or some other government office where you have to shake your head at the incompetence? That is because there is no other company competing against them. There is only one DMV and so we are totally at their mercy as we can't go anywhere else to get our licenses.

College students need loans and they need to understand the process to get them. They also need an unbiased assessment of their financial situation to determine whether they get a loan. Finally, they need to be evaluated based on need only and not the color of their skin or politics.

No matter what party is in the White House, will there not be accusations of racism and favoritism levelled again the government by some students who have been turned down? Will parents not think that the government is biased against their ethnicity and do we want the government being the sole deternimer of our fates like this?

Obama student loans is a bad idea from my perspective as it makes the government bigger and it takes out all competition. This country is split 50/50 right now politically as shown by the last two elections and this is something that is just going to fan the flames and make people more upset.

Thursday, October 22, 2009


If you look for the latest information on Obama student loans, you will be hard pressed to find too much. Even Obama's official website has nothing on the subject. It is amazing how little information that site has on any issue as it looks like it is just set up to get you to join his email list or volunteer list.

Obama school grants and student loans are on the minds of many right now as everyone is heading back to school or is already there. Students are concerned about how they are going to pay for college and getting a job is not easy. Most college students get part time jobs to pay for some of their expenses and they also rely on student loans. Right now, many are without jobs because the economy is so bad and the jobs just aren't there.

College tuition has gotten out of hand the last 10 to 15 years and it is very difficult for most students to pay. Decisions have to be made whether college is really the right choice at these steep prices. For decades now, parents have always preached to their children that they must go to college to get ahead in life. Now though, with prices being so high, student loans are a necessity and one has to wonder whether college is really worth it if you have to go so much in debt.

Wednesday, October 21, 2009


So far, the Obama student loans reform bill has successfully passed in the United States House of Representatives. The next step is for it to be addressed by the Senate which has not happened yet.

Surprisingly, there has been little news of this student loans bill and that has probably been because of all the attention that has been focused on health care. But just like the proposed takeover of the health care system by the government, student loans would be taken over as well if this bill is passed.

This new student loans bill would end all subsidies for the private lenders and take them out of the equation. Rather than have these companies loan the money to students and then get help from the government, the money would go directly from the government to the students.

Obviously many people are calling this another step toward socialism as the government tries to work it's way into every aspect of our lives. Do we really want the government deciding who gets and who doesn't get these student loans? In essence, they would be deciding who goes to college! It doesn't matter who is in control of the White House.

Obama student loans would save taxpayers $87 billion over a ten year span it has been estimated by the Congressional Budget Office. Supposedly that money could be spent for other things related to education such as increasing Pell Grants and making the cost of college more affordable. Does anybody really believe that will happen and trust the politicians to make it happen?

They also say that the costs of the switch could lower the savings all the way down to $47 billion and student loan companies say it would cost them 30,000 jobs. Jobs being lost is never a good thing but it would be worth it many think if this new proposal would actually work.

Obama student loans will not get voted on this year most likely and so it will be sometime in 2010 when this comes to the forefront again. Hopefully other stories will not overshadow this one and it can make front page news like it should. People need to know about this story and decide whether they really want the government taking over yet another part of our lives.

Monday, October 19, 2009


One of the big changes President Obama is proposing along with health care, is student loans and who will be issuing them. College has become very expensive which has led more and more students to need student loans just to to make it through.

One of the unfortunate results of this very high tuition is that many college students now graduate every year and they begin their working life in debt. This, along with the very difficult job market, has put many college students and graduates in a bad financial position.

With the new proposal, Obama student loans would mean that private companies are taken out of the student loan business and it is taken over by the government. President Obama concludes that these private companies are charging too high an interest rate and the government can issue these same loans at a lower rate. This, he concludes will be good for the students and will make college more affordable for many.

While this may make sense on the surface, there are may different perspectives to this debate and that is the purpose of this blog. We will discuss all the pros and cons to the student loan debate as well as any other Obama policy which might be of interest.

Sunday, October 18, 2009

Terms and Conditions

Terms and Conditions of Use of

1 Acceptance The Use Of

Terms and Conditions

Your access to and use of is subject exclusively to these Terms and Conditions. You will not use the Website for any purpose that is unlawful or prohibited by these Terms and Conditions. By using the Website you are fully accepting the terms, conditions and disclaimers contained in this notice. If you do not accept these Terms and Conditions you must immediately stop using the Website.

2 Credit card details will never ask for Credit Card details and request that you do not enter it on any of the forms on

3 Advice

The contents of website do not constitute advice and should not be relied upon in making or refraining from making, any decision.

4 Change of Use reserves the right to:
4.1 change or remove (temporarily or permanently) the Website or any part of it without notice and you confirm that shall not be liable to you for any such change or removal and.
4.2 change these Terms and Conditions at any time, and your continued use of the Website following any changes shall be deemed to be your acceptance of such change.

5 Links to Third Party Websites Website may include links to third party websites that are controlled and maintained by others. Any link to other websites is not an endorsement of such websites and you acknowledge and agree that we are not responsible for the content or availability of any such sites.

6 Copyright

6.1 All copyright, trade marks and all other intellectual property rights in the Website and its content (including without limitation the Website design, text, graphics and all software and source codes connected with the Website) are owned by or licensed to or otherwise used by as permitted by law.
6.2 In accessing the Website you agree that you will access the content solely for your personal, non-commercial use. None of the content may be downloaded, copied, reproduced, transmitted, stored, sold or distributed without the prior written consent of the copyright holder. This excludes the downloading, copying and/or printing of pages of the Website for personal, non-commercial home use only.

7 Disclaimers and Limitation of Liability

7.1 The Website is provided on an AS IS and AS AVAILABLE basis without any representation or endorsement made and without warranty of any kind whether express or implied, including but not limited to the implied warranties of satisfactory quality, fitness for a particular purpose, non-infringement, compatibility, security and accuracy.
7.2 To the extent permitted by law, will not be liable for any indirect or consequential loss or damage whatever (including without limitation loss of business, opportunity, data, profits) arising out of or in connection with the use of the Website.
7.3 makes no warranty that the functionality of the Website will be uninterrupted or error free, that defects will be corrected or that the Website or the server that makes it available are free of viruses or anything else which may be harmful or destructive.
7.4 Nothing in these Terms and Conditions shall be construed so as to exclude or limit the liability of for death or personal injury as a result of the negligence of or that of its employees or agents.

8 Indemnity

You agree to indemnify and hold and its employees and agents harmless from and against all liabilities, legal fees, damages, losses, costs and other expenses in relation to any claims or actions brought against arising out of any breach by you of these Terms and Conditions or other liabilities arising out of your use of this Website.

9 Severance

If any of these Terms and Conditions should be determined to be invalid, illegal or unenforceable for any reason by any court of competent jurisdiction then such Term or Condition shall be severed and the remaining Terms and Conditions shall survive and remain in full force and effect and continue to be binding and enforceable.

10 Governing Law

These Terms and Conditions shall be governed by and construed in accordance with the law of USA and you hereby submit to the exclusive jurisdiction of the USA courts.