According to the most recent information from the Bureau of Labor Statistics, 12.6 million Americans are searching for work, yet 3.5 million jobs remain unfilled. The math doesn’t add up. A closer look at the nation’s workforce reveals an underlying problem: Employers have job openings, but they cannot find enough skilled workers. News reports confirm this phenomenon. In Pennsylvania, the skills g... Read more »
The House is scheduled to vote today on the Interest Rate Reduction Act (H.R. 4682), legislation sponsored by Rep. Judy Biggert (R-IL) that will roll back wasteful ObamaCare spending to pay for a one year extension of the current interest rate on subsidized Stafford Loans made to undergraduate students. The president has visited various battleground states urging Congress to prevent an interest ra... Read more »
Health and Human Services (HHS) Secretary Kathleen Sebelius will testify before the House Education and the Workforce Committee today on President Obama’s Fiscal Year 2013 budget proposal. While the committee will examine a number of social services programs administered by HHS, members will also have an opportunity to address their continuing concerns about the 2010 government takeover of health ... Read more »
After delivering speeches at the University of North Carolina and the University of Colorado yesterday, President Obama heads to the University of Iowa today to rally the youth vote and promote his proposal to enact a one-year freeze on Stafford Loan interest rates. Missing from the speeches and politicking is the fact that the president’s disastrous economic policies have left 1 out of every 2 co... Read more »
One of President Obama’s leading domestic policy advisers admits the president has yet to figure out a way to afford the $6 billion price tag on a one-year Stafford Loan interest rate freeze, stating, “That really isn’t the issue.” On NPR’s Diane Rehm Show yesterday, host Susan Page pressed Domestic Policy Council Deputy Director Mark Zuckerman for answers on the president’s claim a temporary exte... Read more »
Student loan borrowers continue to come forward with troubling stories of the problems plaguing the Department of Education’s management of the Direct Loan Program and, worse, the Obama administration’s seeming inability to address widespread complaints. An article in today’s edition of The Chronicle of Higher Education describes the myriad challenges borrowers confront with the Direct Loan Progra... Read more »
In recent months, a growing number of student loan borrowers and institution leaders have stepped forward to voice complaints about the federal government’s implementation of the Direct Loan Program, which oversees and originates every new federal higher education loan in the country. According to an article in Wednesday’s Inside Higher Ed, “Persistent problems have plagued the Education Departmen... Read more »
This week, the House Committee on Education and the Workforce examined the Workforce Investment Improvement Act of 2012 (H.R. 4297), important job training reform legislation introduced by Reps. Virginia Foxx (R-NC), Buck McKeon (R-CA), and Joe Heck (R-NV). As Chairman John Kline (R-MN) noted, the bill will create a “more dynamic, effective, and accountable workforce development system.” In the vi... Read more »
President Obama is in Ohio today to “highlight his Administration’s job training initiatives.” No doubt the people of the Buckeye State will be asking: Just what is the president promoting this time? There are a number of “initiatives” to choose from: Initiative A: The 2011 so-called American Jobs Act plan, which demands two more programs and $9 billion in new spending be added to the more than 47... Read more »
Since Democrats put the Department of Education in charge of originating and overseeing every new higher education loan in the country, a growing number of borrowers have expressed frustration with a range of problems plaguing the Direct Loan Program, from poor customer service and breaches in personal security to an ineffective loan rehabilitation process that puts borrowers’ credit in jeopardy. ... Read more »
