Anchor ads are not supported on this page.

4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

US Representative Denouncing Student Debt Receives Campaign Cash From For-Profit Colleges

Representative Virginia Foxx (R, NC) is drawing criticism for comments made on a radio broadcast condemning college students who graduate with a large amount of debt.

“I have very little tolerance for people who tell me that they graduate with $200,000 of debt or even $80,000 of debt because there's no reason for that,” the chairwoman of the House Subcommittee on Higher Education and Workforce Training said on the Gordon Libby Radio Show.

The Center for Responsive Politics’ Open Secrets blog,however, points out that Fox is largely funded by for-profit colleges, receiving at least $48,668 during her first year serving on the subcommittee, including $6,000 from San Diego based Bridgepoint Education, tying the outfit with AT&T as her largest donor.

Open Secrets reports that a Senate investigation last year found that nearly 25% of students at for-profit colleges end up defaulting on their student loans, making up half of all such defaults despite relatively small enrollment at such institutions – only about 1 in 10 college students attend such schools.

The remarks from Foxx come off as particularly insensitive as Republicans push to eliminate $200 million in funding from the federal Pell Grant program, which awards students up to $5,645 in tuition assistance. Part-time students, those who usually work in addition to attending class, would be hardest hit by the grant reductions. The Republican budget, introduced by Rep. Paul Ryan, also contains a provision to begin charging interest on student loans while borrowers are still in school – interest at present usually begins accruing once a student graduates, though repayment may be deferred for a period of time to allow grads to find work.

Here's something you might be interested in.
Submit a free classified
or view all

Previous article

Halloween opera style

Faust is the quintessential example

Representative Virginia Foxx (R, NC) is drawing criticism for comments made on a radio broadcast condemning college students who graduate with a large amount of debt.

“I have very little tolerance for people who tell me that they graduate with $200,000 of debt or even $80,000 of debt because there's no reason for that,” the chairwoman of the House Subcommittee on Higher Education and Workforce Training said on the Gordon Libby Radio Show.

The Center for Responsive Politics’ Open Secrets blog,however, points out that Fox is largely funded by for-profit colleges, receiving at least $48,668 during her first year serving on the subcommittee, including $6,000 from San Diego based Bridgepoint Education, tying the outfit with AT&T as her largest donor.

Open Secrets reports that a Senate investigation last year found that nearly 25% of students at for-profit colleges end up defaulting on their student loans, making up half of all such defaults despite relatively small enrollment at such institutions – only about 1 in 10 college students attend such schools.

The remarks from Foxx come off as particularly insensitive as Republicans push to eliminate $200 million in funding from the federal Pell Grant program, which awards students up to $5,645 in tuition assistance. Part-time students, those who usually work in addition to attending class, would be hardest hit by the grant reductions. The Republican budget, introduced by Rep. Paul Ryan, also contains a provision to begin charging interest on student loans while borrowers are still in school – interest at present usually begins accruing once a student graduates, though repayment may be deferred for a period of time to allow grads to find work.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Previous article

For-Profit Colleges, Including Bridgepoint, Boost Lobbying

Next Article

Bridgepoint's Debt Ratio Staggeringly High

Ask a Hipster — Advice you didn't know you needed Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Drinks All Around — Bartenders' drink recipes Excerpts — Literary and spiritual excerpts Feast! — Food & drink reviews Feature Stories — Local news & stories Fishing Report — What’s getting hooked from ship and shore From the Archives — Spotlight on the past Golden Dreams — Talk of the town The Gonzo Report — Making the musical scene, or at least reporting from it Letters — Our inbox Movies@Home — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Outdoors — Weekly changes in flora and fauna Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Sheep and Goats — Places of worship Special Issues — The best of Street Style — San Diego streets have style Surf Diego — Real stories from those braving the waves Theater — On stage in San Diego this week Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close

Anchor ads are not supported on this page.

This Week’s Reader This Week’s Reader