Ok, everyone is still high off of health care reform passing, but what happened today cannot be without mention.
I'm usually a skeptic when I hear that the U.S is actually passing progressive legislation but considering what a big F*#@ing deal" health care reform was...I'm happy to announce Mr. President has just signed into legislation a bill to reform student loans.
I've said it once and I'll say it again, but this time i'll summarize:
Sick, uninsured people + way too expensive education = stupid, failing economy and an end to the American empire
So, Obama must have been reading my previous blog posts because not only did sign health care reform, but he just passed another law that will seriously help students with their school debts.
If you ask me no student should ever have to think twice about paying for their university education.
Hell, I had to move to Canada in order to receive a half decent education without selling my soul to the banks.
Even though this (and health care) is just reform and not overhaul, its still a step in the right direction.
The most progressive part of the bill is that instead of the government giving subsidies to banks to then give to poor, education-starved students, it will give them directly to....wait for it...the freaking students themselves.
How many people like a middle-man? Not I. How many people like a middle-man (the banks) who is basically the biggest bully famous for stealing candy ($$$) from babies (college kids, who will remain infant minded without a proper eduction, yo!) You know I graduated from a Canadian university when I can come up with wicked allegory like that.
Organizing for America (Barack Obama's newletter team or whatever) sent me the good news and packaged it into nice bullet points for y'all common folks to read.
And it goes a little something like this:
The bill the President signed this morning includes historic investments to make education more affordable, and delivers on a key campaign promise. The legislation:
-- Ends subsidies to special-interest private lending companies.
-- Doubles funding for Pell Grants to help more students afford a college education.
-- Will cap a graduate's annual student-loan repayments at 10 percent of his or her income.
-- Helps an additional 5 million Americans earn degrees and certificates over the next decade, by revitalizing programming at our nation's community colleges.
It's funny because all the rest of the developed nations of the world like Europe and all the Common wealth countries are like, "umm, big freaking deal we've been doing this for a while now." Just think of it like this , the slow kid in class (the U.S) just found out how to spell, you don't want to take away his thunder...just make sure he learns how to read, write and be a civil human being.
Watch Joe Biden's wife explain what the whole hoopla is all about:
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