So when is America going to get tired of serving and funding the wealthy and their wars?
"Fewer Options Open to Pay for Costs of College"
".... Parents will have to navigate unfamiliar and difficult terrain when it comes time to pay for college this year, with student loan companies in turmoil and banks tightening their standards and raising rates on other types of borrowing.
Lawmakers and the administration are trying to head off any crisis by making sure that “lenders of last resort” stand ready to take the place of companies that have left the federal loan program. And a growing number of colleges have applied to participate in the federal direct loan program, in which students borrow from the government.
But families often use a combination of resources to pay for college, drawing on savings, federal loans, bank loans and home loans to plug the gap between college costs and financial aid.
Unless you are rich (see red highlight below).
Even if the government wards off problems in the credit markets and federal student loans are easily accessible, other sources of financing will become less accessible as consumers find themselves stretched thin and lenders get more choosy.
Turbulence in lending has complicated the efforts of people like Dawn R. Beaton of Mill Valley, Calif., to pay for her daughters’ education. A single mother earning less than $50,000 a year, she already has run into difficulty taking out a federal parent loan for her oldest daughter, Nicole, to attend a nearby community college.
Those are Bush's centerpiece's of education, the old CCs! Sigh!
Her original lender pulled out of the market, and she is still waiting, months later, to hear from a replacement lender on that $5,000 request. She anticipates having to borrow about $10,000 to send her middle daughter to a private college in Ohio later this year....
Students attending several expensive and wealthy colleges will enjoy expanded financial aid, as those institutions move to replace need-based loans with grants. Harvard and Yale recently announced expansions of aid to families making as much as $150,000, displaying a degree of generosity that few institutions can match.... "Hey, Globalists deserve the best!
Think of that as your kid's school is crumbling, 'murkns!
Hey, here's a way out of your financial woes...
"Officer Accused of 2nd Career: Robbing Banks"
".... Christian A. Torres, 21, was something else as well:
A serial bank robber.
Officer Torres, police officials said, committed three robberies at two branches of Sovereign Bank — twice in Manhattan and once in Pennsylvania — apparently using some of the $118,305 for a new car, for a diamond engagement ring for his girlfriend and to pay off his student loans...."