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The president of the Federal Reserve Bank of Chicago raised some eyebrows when he said during a recent speech that the skyrocketing costs associated with earning a college degree may be too risky for some young people.
Walt Disney once said, “We keep moving forward, opening new doors, and doing new things, because we're curious and curiosity keeps leading us down new paths.” This has always been true of the American industrial spirit and free market capitalism as the creator often seeks to make new ideas a reality. Partnering vision with response to an ever changing world, the market often provides the best technological advancements and social structures better than anything humanity could dream.
On February 9, Rep. Tim Walberg (R-MI) introduced H.R. 999 to amend the internal revenue code of 1986 to expand access to Coverdell education savings accounts. This bill has bipartisan support and will help millions of Americans struggling to pay for education. The bill was referred to the House Committee on Ways and Means.
In an attempt to circumvent Congress and move the free college agenda forward, The White House will launch a $100 million grant program for free community college tuition. The new program, America’s Promise Grants, was unveiled last week by Vice President Biden in a speech at the Community College of Philadelphia.
On Friday, September 18, the Bard Debate Union at Eastern New York Correctional Facility defeated the Harvard University debate team in intercollegiate competition. The significance of such a win highlights more than just the dedication and skill of the winning team, it establishes credibility toward the efforts behind the Bard Prison Initiative (“BPI”) and the idea that providing prisoners access to education is an option worthy of consideration.
The Obama administration will, today, unveil its plan to restore federal funding for inmates to take college courses. The tool to be used is Pell grants, the main form of federal aid for low-income college students. The grants cover up to $5,775 a year in tuition, fees, books and other education related expenses.
This month the US Senate Committee on Health, Education, Labor, and Pensions held a hearing on the Higher Education Act, which was originally passed in 1965. The primary topic for the duration of the two hour hearing was the collection and dissemination of data from colleges and universities.
Much of the Bill of Rights is dedicated to protecting accused persons, an action integral to our society. Expanding upon the Sixth Amendment’s granted right to legal counsel, states have put legislation in place that strictly dictates who can practice law. While such regulations aim to protect citizens, they have adverse effects and actually abridge the freedoms we hold dear.
FreedomWorks Foundation, American Legislative Exchange Council, Tea Party Patriots and Committee to Unleash Prosperity in partnership with a coalition of conservative organizations and prominent individuals, launched the Save Our Country Task Force.