What would the impact be from Trump administration announcement on capping student loans? Here's what interest groups and critics are saying

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Democrats warn a new White House proposal backed by Ivanka Trump to limit certain federal student loans could wind up shutting out less affluent families.

student loan debt was $1.5 trillion last year with more than 62 percent of Americans over the age of 30 still paying off their higher education costs.

Senior White House adviser Ivanka Trump arrives for the first meeting of the American Workforce Policy Advisory Board at the White House, March 6, 2019.The administration proposal would limit PLUS loans, which are available to graduate students and parents of undergraduate students. The maximum PLUS loan amount you can receive is the cost of attendance, which is determined by the school, but minus any other financial aid received.

Sen. Patty Murray, the top Democrat on the Senate panel with oversight of education issues, said the proposal ignores the bigger problem that most students can’t afford college without taking on massive amounts of debt.

Source: Education Headlines (educationheadlines.net)

 

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Another harebrained idea from IvankaTrump. Newsflash princess: When students aren’t able to get federal loans, they turn to private loans. Which have much higher interest rates, worsening the student debt crisis.

I'd believe such nonsense if Ivanka Trump said it. ABC News, show a little class to a warm, brilliant and caring Lady. ABC, do you know why your numero uno on nightly news?

Of course she wants that!

Rich clueless self serving family.

No one should trust anything this person comes up w/to “help”. They r all con artist and only out to help themselves to everyone’s money

That's what they want

She thinks we file taxes on postcards. The unqualified, security threat daughter is clueless. Limiting federal loans will force families to take out more expensive private loans.

Perhaps we should all look into why education costs so much? Just sayin...

Like father, like daughter.

Yes it limits how much they can borrow thereby keeping them out of decent colleges

Blah blah blah .... fakenewsmedia

People are so dumb. They don’t even read the actual article. This is a fantastic idea. It’s basically forcing colleges to charge less by stopping the subsidies they’ve been giving colleges for decades. Colleges don’t care if you default, that money is guaranteed by government

Lol that is not her angle. Making the nose job and fillers look tragic. Good.

This is not normal.

She makes me sick

One beautiful girl

What a repulsive family.

maybe we should all just bribe our way in

A plan devised by DeVos and Ivanka- what could go wrong? Dumb and Dumber.

The point is they do not want them to accrue a ton of debit! These colleges need to lower tuition... States should make programs for them on a sliding scale. Come up with a incentive program at the High School level

Shocker 🙄

I think that's the point

And her qualifications are

I really don’t understand y she is giving so many things to screw up for America smh GodHelpUs. I really think her plan is to see how she can destroy are American rights. IvankaTrump

Viva Ivanka.

1 in 4 who start college actually graduate so 75% of the people who go to college have the debt and no degree to show for it. Why should tax payers be on the hook so young people can go party?

Well DUH! Isn't that her goal: to eliminate all poor plebeians?

Which is hilarious considering most Trump supporters are poor

Lol ok ABC.......

Democrats please tell all do kids of congressional individuals have to pay their school loans back? This is another perk that should be eliminated from congressional benefits however I don’t hear of any democrat initiating the elimation of the benefit.

The grifters!!!! Jesus Christ!

Ivankas dimwit proposal: NOT to scrutinize for profit 'education' systems NOT to limit or reduce tuitions at private and public institutions. but she is going to limit how much aid students can receive. TYPICAL CORRUPT IDIOTIC PLAN by this administration.

Need to pay you own way. Too many freeloaders. I am tired of seeing taxpayer dollars being wasted by students defaulting on their loans. You want a bright inexpensive education? Well here you go.

Ya Think?...

Either that or be weighed down by the debt..

She’s dumb and hot at the same time lol

УЕБОК ЛЫСЫЙ!!💩💩💩💩💩😂😂😂😂😂

...champion for the people 🙄

Perhaps colleges could lower tuition so it is more affordable? But then they'd have to stop colluding with banks to create a generation with lifetime debt. My 1991 college tuition was $700/semester. Now it's $15K at the same college that's extortion and price gouging.

Yeah, cuz giving tens upon tens of thousands of dollars to any 17 year old who wants a fine arts degree, who will never be able to pay it back, is working out great for our young people.

after reading a lot of tweets and researching about DeepOnion, i finally bought a good bag of onion! thx GetDeepOnion $ONION

What’s the Dem agenda...to keep the poor poor thru govt loans? These are no better than payday loans. A disgrace

I’d like to see the credentials other than her last name that make her qualified to propose anything at a local council let alone federal level

Also hilarious.

🙄🙄. Limiting the amount students can borrow will reduce tuition as colleges won’t be able to jack up tuition with impunity

A period of uncomfortable silence followed, broken by Kevin McCarthy answering, 'Uh, yeah, that's why we're doing it' to peals of Republican laughter.

Federal student loans are the reason why colleges are so expensive. She’s trying to target the actual problem of overpriced college education. That will help lower income families more than loans can.

Trump’s plan is to keep America dumb. And voting for autocrats like them.

Plenty of jobs to fill. Let them work their way through college. Builds character. Makes education more appreciative.

Less affluent families are already shut of because of the cost of the education. Get real

Class Warfare

Universities exist to withhold information and make money.

Oh no shit! You mean Ivanka doesn’t care about minorities or women!? Shocker. 👏

Affluent...aka rich

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