Today’s big news is that the Obama administration — thanks to those crisis-ignorin’ creeps in Congress — is going off on its own to reduce purportedly devastating student loan burdens. Well, that’s the message. The reality is that the proposals just tinker around the edges, meaning debtors are getting little relief while the notion that it’s okay to stick taxpayers with other people’s obligations is advanced.
Today the POTUS — in this case, Principal of the United States — will give his third annual, national back-to-school speech, to be televised live by MSNBC. The immediate target, of course, is the kids, but I doubt it would be viewed negatively by the President if lots of adults saw or heard the speech and thought, “Wow, this guy really cares about kids. I really like him.” And who knows, maybe footage of inspiring the children will make it into a campaign ad or two.
I can’t look into President Obama’s heart, so I can’t tell you what motives are driving the American Jobs Act. I can, though, tell you this: One look at the facts about American education, and his proposal only makes sense if the goals are to energize union support, and perhaps use spending as some easy shorthand to tell voters that the President cares about kids.
In a recent interview, President Obama hints at the core of his much-anticipated jobs plan:
Yesterday, Rep. John Kline (R-MN), chairman of the House Education and the Workforce Committee, introduced the first new legislation aimed at breaking down the prescriptiveness of the No Child Left Behind Act. It’s a small step in the right direction, but there are two serious problems with it:
Yesterday, Education Secretary Arne Duncan and Health and Human Services Secretary Kathleen Sebelius announced how $700 million in new Race to the Top money will be employed: $200 million to get close-loser states in the last RTTT to once again jump through hoops and grovel before their federal overloards, and $500 million for a new “early-learning” obedience contest.
Economist Richard Vedder has written a piece for the Chronicle of Higher Education entitled “The Great College-Degree Scam.” Using data from the Bureau of Labor Statistics, Vedder found that “approximately 60 percent of the increase in the number of college graduates from 1992 to 2008 worked in jobs that the BLS considers relatively low skilled—occupations where many participants have only high school diplomas and often even less.”
For those of us who recognize that federal k-12 education spending has been a costly failure, it’s been great to hear some tea party candidates call for the abolition of the U.S. Department of Education.
As I recently discussed, not only does the federal Head Start program have a fraud problem, it has patently failed in its mission to help children from low-income families succeed later in life.
A study from the American Institutes of Research finds that federal and state governments have wasted billions of dollars on subsidies for students who didn’t make it past their first year in college. The federal total for first-year college drop outs was $1.5 billion from 2003 to 2008.