Thursday, October 11, 2012

PresidentialEducationDifferences

The 2012 Presidential race birthed many Republican faces in it's first months presenting hopefulls for the duty of being sworn in as America's next President for 4-8 years. Mitt Romney emerged victorious by defeating Newt Gingrich in a close head to head battle for the #1 Republican seat. He won the battle for the #1 seat, but the war for Presidency is FAR from over. Here, we will discuss the ways and motives of the two men look to use to win over voters. We discuss their stance of health care, student loans, economy improvement, and recovery. A true AMERICAN issue...A TRUE issue for American Policital Science




To restore America’s promise, and get Americans working again, we must achieve meaningful reform in our education system

Education has always been central to the American Dream. Sadly, today that American Dream too often represents only a dream. In many corners of the nation, children have no access to an effective school that can give them the opportunity they deserve. Across the nation, a school system is a world leader in spending yet lags on virtually every measure of results. Higher education is becoming at once more important and more unaffordable than ever, stretching family finances and producing new graduates who have too much debt and not enough of the skills they need to succeed in the modern economy.

                                       Republican Side


When President Obama speaks to young people about his vision for their future, he invariably forgets to mention that, during his four years as president, their debt has risen and their chances of finding a job have declined. President Obama’s attempts to address the skyrocketing cost of college have backfired. He has given up on reform and seeks only to borrow and spend more and more of the next generation’s money — claiming to help them today and then sending them the bill tomorrow. Under this approach, the cost of a college education has risen by 25 percent, and student debt has reached a record $1 trillion.
President Obama’s misguided economic policies have set back an entire generation of young Americans. Those graduating from high school and college over the last several years have faced one of the worst job markets in the nation’s history. More than half of all recent college graduates are jobless or underemployed. 

As president, Mitt Romney will pursue genuine education reform that puts the interests of parents and students ahead of special interests and provides a chance for every child
(1) such alternatives must exist
(2) parents must receive clear information about the performance of their current school and of the alternatives,
(3) students must be allowed to move to a new school
 (4) students must bring funding with them so that new schools can afford to serve them. Mitt’s reforms achieve each of these objectives:

  • Allow Low Income And Special Needs Students To Choose Which School To Attend By Making Title I and IDEA Funds Portable.
  • Provide Incentives For States To Increase Choices For Parents And Develop Quality Alternatives.
  • Build On The Success Of Effective Charter And Digital Schools.
  • Expand The DC Opportunity Scholarship Program To Serve As A Model For The Nation.

  • Attract And Reward Great Teachers Through Increased Flexibility And Block Grants.
  • Eliminate Unnecessary Certification Requirements That Discourage New Teachers.

  • Strengthen And Simplify The Financial Aid System.
  • Welcome Private Sector Participation Instead Of Pushing It Away.
  • Replace Burdensome Regulation With Innovation And Competition.

  • As a summary of Mitt Romney's plan, we see an increase of help provided to the k-12 school levels, an increase of profit of schools as well.

                         
                                                                   Democratic Side
    "Since day one, President Obama has set our nation on a forward course through stronger schools and better teachers. But as we’re seeing out on the campaign trail – and through his record as governor, Mitt Romney would take us backward and undo all the progress we’ve made for millions of African-American students."
    -Melody Barnes

    Democrats contend that Ryan's budget proposal, which failed to pass the Democratic-controlled Senate, would cut $115 billion from the Education Department, costing 1 million college students their Pell Grants over the next decade. Democrats argue those moves would punish many middle class and low income families trying to gain an education.
    Those estimates, however, assume the cuts in Romney's budget are applied evenly across all programs starting in 2014 — something Ryan aides say would not happen. His budget does not directly address Pell Grant funding, and his aides say the cuts would not take a one-size-fits-all approach.
    Romney, who prefers that students take loans instead of receiving grants, would keep the top Pell Grant award in the coming school year at $5,500 but in future years reduce the number of students eligible, not the award sums. In other words, fewer students would receive them but the neediest would not see their awards changed.
    More than 9.7 million students are expected to get grants for the academic year that is about to begin.

    Mr Obama said his record of "investing in education" contrasted with what he his campaign says are Republican plans to cut education budgets by up to 20 per cent, causing a million students to lose scholarships and 10 million more to see cuts in their Financial Aid.
    Ohio is a key battleground state that Mr Obama will almost certainly need to carry if he is to win November's election. He currently holds a wafer-thin 1.8 per cent lead in an aggregate of recent polls in the state.



    Monday, October 1, 2012

    Let's talk politics

    The 2012 Presidential race birthed many Republican faces in it's first months presenting hopefulls for the duty of being sworn in as America's next President for 4-8 years. Mitt Romney emerged victorious by defeating Newt Gingrich in a close head to head battle for the #1 Republican seat. He won the battle for the #1 seat, but the war for Presidency is FAR from over. Here, we will discuss the ways and motives of the two men look to use to win over voters. We discuss their stance of health care, student loans, economy improvement, and recovery. A true AMERICAN issue...A TRUE issue for American Policital Science.



    Sudent Loans-
    One HUGE topic at hand in this election is the issue regarding student loans, tuition, cost for school, etc. Both presidentials canidates have their own solutions towards resovling and stabilizing the education system at the collegiant level.

                                                                    Democratic Side

    On Obama's side,  he has decided to help reduce interest payments on their student loan debt, making this a key campaign issue and part of his populist push. Obama has proposed legislation to freeze the current rate in order to prevent today’s 3.4% interest rates on subsidized Stafford Loans from doubling. In conjunction with his efforts, he has introduced his "Student Loan Forgiveness Act" in which he believes could be very beneficial to students in college.  The following, are reasonings this act would assist the economy and provide much financial assistance to students

    The bill would create a new “10-10 standard” for student loan forgiveness.
    If you make payments equal to 10% of your discretionary income for 10 years, your
    remaining federal student loan debt would be forgiven.

    The bill would reward graduates for entering public service professions like teaching and
    firefighting. It would also provide incentives for medical professionals to work in
    underserved communities. It would reduce the Public Service Loan Forgiveness
    requirement to 5 years from its current 10 years.

    If you have already been making payments on your student loans, your repayment
    period would likely be shorter than 10 years. The amount you have already paid on
    your student loans over the past decade would be credited toward meeting the
    requirement for forgiveness. 


    The bill would ensure low interest rates on federal student loans by capping them at 3.4%.
    - The bill would allow existing borrowers whose educational loan debt exceeds their income
    to break free from the crushing interest rates of private loans by converting their private
    loan debt into federal
    Direct Loans, then enrolling their new federal loans into the 10/10
    program.


    Romney's point of view is equivelant but differs in some ways. He responds by saying "Mr. Obama, When you say loan forgiveness, what you really mean is let the government pay for it, which means increase the debt or increase taxes. i am opposed to increasing the debt, and i am opposed to increasing taxes to pay off something that people voluntarily and privately incurred"

    In addition to President Barack Obama's Forgiveness act he introduces two more acts of financial assistance towards students.

    2. Capping interest rates for all federal loans: The act would cap the interest rate on federal loans at 3.4 percent. This is great news for borrowers, since the interest rate is set to be 6.8 percent for all federal Stafford loans as of July 1, 2012.

    3. Improving Public Service Loan Forgiveness: The act would also provide for Public Service Loan Forgiveness after 60 monthly payments instead of 120. It is impossible for us to overstate how much this would help borrowers who have committed to careers at relatively low-paying public interest jobs, who could actually start saving for their kids' education and perhaps owning their own home half a decade earlier than they anticipated

                                                                                       Republican Side

    By reviewing Mitt Romney's plan to delegate Student Loans, his solutions are mid equivelant to the possible solutions that Obama brings to the table. Except for his overlooking over low-income families.

    More than 37 million Americans owe student debt, and a majority of students take on loans to attend college. It surpasses all other forms of consumer debt, topping $1 trillion, and cannot be discharged in bankruptcy.
    It wasn't a new statement from Romney on Monday, since he said in March he wouldn't promise more federal money to students and families paying for college and not to expect the government to forgive student loan debt. Ryan proposed a budget in the House that would prevent up to one million low-income students from receiving Pell grants

    Mitt Romney promises to usher private lenders back into the federal student loan market in a bid to decrease default rates and increase efficiency if he becomes president, but such a move could cost taxpayers tens of billions of dollars over a decade without saving students money, according to several higher education analysts.
    The prime beneficiaraes, the banks and loan companies that stand to reap a financial boon through subsidies to make nearly risk-free, government-backed loans. They are the same firms that benefited from the system that existed for decades before 2010, when President Obama required that the government issue all

    federal student loans.

    "Under President Obama, the costs of college have skyrocketed -- making it more difficult for students to attend college, and his economic policies have made it harder for graduates to get jobs