When considering dashing the hopes of thousands of collegebound African Americans, You hardly think of barack obama as a culprit. Maybe the rightwingdominated top court. however, not Obama, The black Harvard law grad who likes to cite advanced schooling as a path into the middle class and who pledges to make student loans more accessible to black scholars.
but probably, In what United Negro College Fund leader Michael Lomax calls nasty surprise, The obama administration has begun denying student loans to disproportionately large numbers of black parents because of blemished credit histories.
deal with audacity. Obama blames malfeasance by big banks for plunging the united states into a recession, Then bails them out and proceeds to punish black people for not enduring the economic maelstrom unscathed.
An angrysounding Obama actually called Tuesday supreme court ruling against a key part of the Voting Rights Act a for blacks. You learn how to what a real setback is, mister. lead designer? It using some bureaucratic fiat to prevent black students from going to college.
Obama declared that he will press for recovery of the portion of the Voting Rights Act the justices ruled on. But let face the facts: He a unable to walk duck. Why not leave as part of his legacy tens of thousands of newly minted black college graduates to carry on what is sure to be a decadeslong struggle?
Getting calls and emails from mother and fathers, the minimum of two and three a day, Saying the denial of their student loans is a disaster, Said amy Taylor, president of the Washingtonbased Thurgood Marshall College Fund. Have black students from lowincome homeowners about to enter college or already there and pressing towards graduation, Persisting just as Obama urged the crooks to do, Only to have his control pull the rug out from under them. days gone by year, For historically black colleges and universities (HCBU), The federal government policies have led to a 36 percent drop in the volume of parent loans. That translated into an annual cut in excess of $150 million. purpose, to be able to Education Secretary Arne Duncan, Is to prevent parents from taking on too much debt which is as patronizing as it is hypocritical. wearing April, Obama announced that he was pushing to make more home loans available in people with weak credit.
He says it part of an effort to help the economy, As if having a knowledgeable workforce is not.
moreover, using the Congressional Budget Office, the government stands to rake in $51 in profits from student loans this year. That means a whole bunch of parents are paying off those loans.
in any event, From Howard as well as college in the District to Morehouse and Spelman colleges in Atlanta, application at HBCUs is declining as the realities of Obama revamped loan policies make a mockery of his highflung rhetoric.
is particularly ironic that at a time when this administration has set a goal to increase the nation college graduation rate to 60 percent by 2020, this insurance policy shift occurs that will make reaching the goal impossible, Said Cheryl brenard, Senior v. p,second in command for public policy and government at the United Negro College Fund. Tougher credit criteria are having a disparate impact on underrepresented minority students, The very ones that stand to benefit the best from a college education. Himself has yet to handle these concerns. He forcing that up to Duncan, Who told radioshow host Roland Martin that parents who have been denied could be reconsidered by calling a tollfree number and that approval was possible within six minutes. penson: Reconsideration process has been largely unbeneficial, And if the training Department continues on this path, We will have another debacle this coming academic year. Any other president, suppose George W. plant, Trying to bamboozle black people the way the obama administration has. Students from every HBCU near your vicinity would be marching on the White House.
president obama, conversely, Can go to Morehouse which is being racked by staff furloughs because of his prohibitive loan program and tell graduates, As he did at a recent commencement, Is going to give you what you may didn earn. He gets a name ovation.
Bush can have been hit with a shoe.
for part, Obama most loyal supporters blame rightwing obstructionists in Congress for thwarting sophisicated ideas. But that point, Nobody made Obama turn the anchoring screws on black folks.
rather than heeding calls for relief, in contrast, Obama has taken to doing TV spots promoting value of a college education. in an, Obama looks out at the camera with a photograph of himself as a student at Harvard device.