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Ah, now I know why the Trump admin is making it harder for poor whites to attend college.
The war on poor students:
in new NBC/WSJ poll, education effect among white voters is powerful
college degree moves white men to +4 D (from +42 R without degree)
college degree moves white women to +33 D (from +8 R without degree)
https://twitter.com/JohnJHarwood/status/1054008106513059840
The war on poor students:
Under Secretary Betsy DeVos, the U.S. Department of Education has loosened restrictions on for-profit colleges, which have higher-than-average default rates, and has tried to limit the ability of states to regulate federal loans. The department has even worked to side-step oversight of federal loans by the Consumer Financial Protection Bureau, a move that helped force the resignation of CFPB student loan ombudsman Seth Frotman in August 2018.
GOP lawmakers have successfully enacted more concrete changes, too. Among them: a tax bill that ended the tuition deduction for students who itemize their tax returns (though the bill did uphold the American Opportunity Tax Credit).
The fate of several other potential changes is still up in the air...
The Bottom Line:
The mid-term elections are bound to have big implications for any number of policy items. Student loans are no exception. If the GOP is able to retain control of both houses of Congress, it has a much better chance of ushering in changes that will simplify loan options, but also reduce the government’s role in financing college.
Read more: 4 Ways Trump, GOP Trying to Change Student Loans | Investopedia https://www.investopedia.com/person...op-trying-change-student-loans/#ixzz5Ua6dpfmt