The House is poised to vote to push private lenders out of the federal college loan business and massively expand the government's own lending program.
Following a day of debate, House lawmakers were expected to approve on Thursday a student aid bill that has widespread support, including from the White House. The measure will then go to the Senate, where its fate is somewhat less certain.
Putting the government in charge of all federal loans would save taxpayers an estimated $87 billion, according to the Congressional Budget Office. The CBO says the figure could be much lower, $47 billion, when administrative costs and market conditions are considered. More at MSNBC.
More fodder for wingnuts! Tomorrow, The U.S. Department of Education is launching a video contest at I am What I Learn:
...will ask students to respond to the President’s Back to School challenge by creating videos, up to two minutes in length, describing the steps they will take to improve their education and the role education will play in fulfilling their dreams. Watch this page for more information about the “I Am What I Learn” video contest for students.
For all those who aren't afraid of Obama and still respect the office of the presidency, or are using the president's speech to teach their class, there are lesson plans here. Here is what Obama will say and boy, is it scaaaaaawy!
Prepared Remarks of President Barack Obama Back to School Event
Arlington, Virginia September 8, 2009
The President: Hello everyone – how’s everybody doing today? I’m here with students at Wakefield High School in Arlington, Virginia. And we’ve got students tuning in from all across America, kindergarten through twelfth grade. I’m glad you all could join us today. I know that for many of you, today is the first day of school. And for those of you in kindergarten, or starting middle or high school, it’s your first day in a new school, so it’s understandable if you’re a little nervous. I imagine there are some seniors out there who are feeling pretty good right now, with just one more year to go. And no matter what grade you’re in, some of you are probably wishing it were still summer, and you could’ve stayed in bed just a little longer this morning. I know that feeling. When I was young, my family lived in Indonesia for a few years, and my mother didn’t have the money to send me where all the American kids went to school. So she decided to teach me extra lessons herself, Monday through Friday – at 4:30 in the morning. Now I wasn’t too happy about getting up that early. A lot of times, I’d fall asleep right there at the kitchen table. But whenever I’d complain, my mother would just give me one of those looks and say, "This is no picnic for me either, buster." So I know some of you are still adjusting to being back at school. But I’m here today because I have something important to discuss with you. I’m here because I want to talk with you about your education and what’s expected of all of you in this new school year. Now I’ve given a lot of speeches about education. And I’ve talked a lot about responsibility. I’ve talked about your teachers’ responsibility for inspiring you, and pushing you to learn. I’ve talked about your parents’ responsibility for making sure you stay on track, and get your homework done, and don’t spend every waking hour in front of the TV or with that Xbox. I’ve talked a lot about your government’s responsibility for setting high standards, supporting teachers and principals, and turning around schools that aren’t working where students aren’t getting the opportunities they deserve. But at the end of the day, we can have the most dedicated teachers, the most supportive parents, and the best schools in the world – and none of it will matter unless all of you fulfill your responsibilities. Unless you show up to those schools; pay attention to those teachers; listen to your parents, grandparents and other adults; and put in the hard work it takes to succeed. And that’s what I want to focus on today: the responsibility each of you has for your education. I want to start with the responsibility you have to yourself. Every single one of you has something you’re good at. Every single one of you has something to offer. And you have a responsibility to yourself to discover what that is. That’s the opportunity an education can provide. Maybe you could be a good writer – maybe even good enough to write a book or articles in a newspaper – but you might not know it until you write a paper for your English class. Maybe you could be an innovator or an inventor – maybe even good enough to come up with the next iPhone or a new medicine or vaccine – but you might not know it until you do a project for your science class. Maybe you could be a mayor or a Senator or a Supreme Court Justice, but you might not know that until you join student government or the debate team. Read the rest here
Laura Bush urges respect for the office of presidency:
Former first lady Laura Bush is defending President Obama's decision to address the nation's school children, telling CNN Monday that it is "really important for everyone to respect the President of the United States."
"I think that there is a place for the President of the United States to talk to school children and encourage school children, and I think there are a lot of people that should do the same," she told CNN's Zain Verjee, in an interview set to air Monday on The Situation Room. "And that is encourage their own children to stay in school and to study hard and to try to achieve the dream that they have." cnn
New York magazine reporter John Heilman, on the Chris Matthews show this morning, suggested Obama's going for reform. I hope he goes for big time reform.
On the one hand, there are the reformers like Joel Klein and Michelle Rhee, who support merit pay for good teachers, charter schools and tough accountability standards. On the other hand, there are the teachers’ unions and the members of the Ed School establishment, who emphasize greater funding, smaller class sizes and superficial reforms. In public, Obama shifted nimbly from camp to camp while education experts studied his intonations with the intensity of Kremlinologists. Sometimes, he flirted with the union positions. At other times, he practiced dog-whistle politics, sending out reassuring signals that only the reformers could hear.
Each camp was secretly convinced that at the end of the day, Obama would come down on their side. The reformers were cheered when Obama praised a Denver performance pay initiative. The unions could take succor from the fact that though Obama would occasionally talk about merit pay, none of his actual proposals contradicted their positions.
Obama never had to pick a side. That is, until now. There is only one education secretary, and if you hang around these circles, the air is thick with speculation, anticipation, anxiety, hope and misinformation. Every day, new rumors are circulated and new front-runners declared. It’s kind of like being in a Trollope novel as Lord So-and-So figures out to whom he’s going to propose.
