Here is something that Americans can bank on, investing in personal and professional development through education and training, gaining certifications and credentials pays off in multiple for people and society. As with all good and essential things in life, it must be affordable.
America is a society seeking superior outcomes through affordable means that ensures a good life for people throughout their lifecycles. The nation needs an optimized sustainment model as a framework for achieving most necessary things along this path, and education is a key enabler.
It enables equality commensurate with dedication to learning, but if and only if it is made available as an equal opportunity. America needs a baseline education account for citizens that ensure that when they are ready, they can tap the account to earn degrees and credentials.
As their personal means increases, they pay their own way. But, in the beginning of their life-learning cycle, education should be free based on means. Remove the barrier and financial burden altogether at the start. Why put people in a hole and encumber them with debt?
In today’s economy, we have deficit performance. That is, the government and private sector partnership is failing to provide sufficient opportunity for the emerging workforce. They need a break so that they can get a sounder footing.
Cancel the loan debts on all education loans. Give people a break to move ahead with their progress and get this economy going at a higher level and rate of production.
Now, Congress wants to whack students by increasing their loan rate. That is exactly the wrong thing to do. Congress needs to address its responsibility to produce a sustainable economy, something that they have not even begun to address.
“Dems split over student loan rates
By Alexander Bolton – 06/29/13 06:00 AM ET
Senate Democrats are teeing up a battle with House Republicans over student loan rates but their efforts are being undercut by divisions within their own caucus.
The same political play worked well for the Democrats last year, when they forced Republicans to back down on the issue as the campaign season heated up.
Last summer, they were unified in the run-up to the election. Now they must contend both with the defection of party colleagues who cut a side deal with the GOP and with a proposal floated by President Obama that mirrors the policy Republicans favor.
Democratic senators are planning media appearances and a coordinated social media campaign with outside liberal groups over the July 4th recess to pressure Republicans on student loan rates. Those rates are set to double on Monday, from 3.4 percent to 6.8 percent.”