Tagged: Tuition

Most of the estimated 1.5 million people graduating from a four-year college this spring will soon be looking for a job.

If the experiences of other recent college grads are any guide, many will be disappointed.

A new Rutgers University survey of those who graduated from college between 2006 and 2011 finds that just half of those grads are working full time.

Settling For Part Time

Senate Republicans gave a thumbs down to a Democratic plan that would have frozen interest rates for 7.4 million students taking out new federally subsidized Stafford loans.

The vote was 52-45. Sixty votes were needed to avoid a certain Republican filibuster and to move the bill toward debate.

From the Republican perspective, it wasn't the idea of keeping the rate at 3.4 percent rather than letting it double starting in July. The impasse was over how to fund the one-year rate freeze, which would cost the government $6 billion, according to the Congressional Budget Office.

Democrats keep getting dinged by media fact checkers for attacking Republicans for allegedly wanting to strip money from preventive health programs to pay for to keep the interest rates on some student loans from doubling this summer.

But that hasn't stopped progressives from continuing to make the claim. The latest comes in a new full-page MoveOn.org ad in Politico. The ad reads in part:

It's a gray April evening, and two men have driven from Easton, Pa., to Manhattan. The men are administrators at Lafayette College. They're wearing solid black suits with Lafayette pins on their lapels.

They're here to see 12 students — high school seniors who have been admitted to Lafayette and are trying to decide where to go to college.

The men have come to make the students "feel that Lafayette is in their future and make them think that they'll ruin their lives if they go elsewhere," says Greg MacDonald, Lafayette's dean of admissions.