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snooper2

(30,151 posts)
Fri Apr 24, 2015, 10:22 AM Apr 2015

Debt free college

Sounds like a pipe dream? It shouldn't be.

When my dad returned home from flying a B-24 Liberator in WWII, the GI bill was what enabled him to go to school, open a law practice, and support a family.

Today, our kids aren’t getting the same bargain that my dad did.

The majority of students are graduating with significant debt. This is debt big enough for the down payment on a new house. And instead of buying a house or starting a business, recent graduates are struggling not to default on their student loans.

It's outrageous that we can figure out a way to bail out big banks, but we can't figure out a way to make college affordable.

In Maryland, we saw this trend, and we refused to give up. We froze tuition at public four-year institutions, invested in higher education and financial aid, and took steps to make sure our high school students were graduating with a degree that’s already worth something.

Now it's time, as a country, that we do even more. Our ultimate goal should be simple: every student should be able to go to college debt-free.

Today, I'm offering some ideas to tackle this problem of student loan debt head-on.

http://action.martinomalley.com/page/m/3022892a/4c0e19e8/2e99c017/50a57523/1625860207/VEsE/





We can make college affordable, and we can start by making sure our students get a far better deal on their loans.

The American Dream shouldn't come with strings attached. Let's fight to make college debt-free.

http://action.martinomalley.com/debtfreecollege

Thank you,

Martin O'Malley
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Debt free college (Original Post) snooper2 Apr 2015 OP
well, the GI Bill is still available to all vets. aikoaiko Apr 2015 #1

aikoaiko

(34,169 posts)
1. well, the GI Bill is still available to all vets.
Fri Apr 24, 2015, 10:30 AM
Apr 2015

"Today, our kids aren’t getting the same bargain that my dad did." seems a bit disingenuous.

But I do applaud his idea of refinancing college debt and looking for ways to reduce or eliminate college debt going forward.
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