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COLLEGE NOT JUST FOR RICH KIDS: STUDENT LOAN BAIL OUT

Zo-Edit | November 4, 2011 | 0 Comments

“We’ll have dumb kids of rich people filling Princeton and Yale.” – Ellis Henican

With the price of tuition higher than ever—threatening to make a degree a perk for the rich—President Obama announced his plan to make college more affordable . Part of the proposal is an initiative to limit the number of years of the loan – forgiving any balance remaining after 20 years.

Effective? Fair? John Stossel and Ellis Henican disagree.

E-mail ellis@henican.com.
Follow him at twitter.com/henican

Tags: banks, Barack Obama, College, Cost, Ellis Henican, Featured, Forgive, Jobs, John Stossel, Pay as You Earn, Student Loan, Taxes, Tuition

Category: On TV

ELLIS HENICAN

ELLIS HENICAN is a columnist at Newsday and a political analyst on the Fox News Channel. He also hosts a nationally syndicated weekend show on Talk Radio Network, is author of a New York Times Bestseller, and is the voice of “Stormy” on the hit Cartoon Network series “Sealab 2021.”

Henican’s award-winning newspaper column — a personal, opinionated look at the news of the day – puts him in the middle of politics, business, crime, race and more than a little tabloid silliness. One day, he is writing from the campaign trail. The next, he’s digging into a scandal in New York or poking fun at some self-important celebrity. Before taking on his current assignment, Henican wrote Newsday’s subway column, leading the paper to a Pulitzer Prize for covering the Union Square train wreck.(Read More)