Constitutionalists and free-market economists claim that the idea that every high school graduate is entitled to a government-subsidized loan to attend a $30,000-a-year university is fiscally maniacal. But unfortunately, it’s also a fiscal reality that has propelled college graduates into financial Armageddon.
It took a lawsuit filed by the Alliance Defense Fund (ADF) to convince the Fairfax County (Virginia) school district to reinstate an honors student into good standing with the district’s National Honor Society (NHS). The senior at Alexandria’s Jefferson High School for Science and Technology had been threatened with removal from the prestigious national group after being denied community service credit for teaching and mentoring children at her church.
If the proposal that murdering infants with so-called “after-birth abortion” isn’t enough to ring the alarm bells about the state of higher learning, perhaps this one is: An alleged philosopher at New York University wants to combat “climate change” by drugging or genetically engineering humans.
U.S. Education Secretary Arne Duncan wants to get the federal government more involved in schools. The federal government "will do all we can" to bolster technological expansion in the classroom, Duncan recently stated, because technology "can even the playing field" for minority and low-income students who don’t have the benefit of owning laptops and iPhones.
As more and more young people graduate from college with mounds of unresolved loan debt, financial experts and bankruptcy attorneys are calling the progressively worsening dilemma the "next debt bomb." According to a new survey conducted by the National Association of Consumer Bankruptcy Attorneys (NACBA), 81 percent of bankruptcy lawyers report that the number of prospective clients with student loan debt has increased "significantly" or "somewhat" in the past few years.