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Visit: privatefastloans.com To Learn MORE…. This is the VOA Special English Education Report, from | Today we talk more about the costs of higher education in the United States. If you missed last week’s report, you can find it on YouTube or at voaspecialenglish.com. Foreign students who need financial aid generally have to seek it from the school itself or their own government or employer. If you follow the news, then you know that President Obama recently signed health care reform legislation. But one of the two bills he signed into law also made unrelated changes in the federal student loan program. These changes will require new loans to come directly from the Department of Education. The department already makes these federally guaranteed loans for American citizens and permanent legal residents. But since the early nineteen nineties it has also paid private lenders to provide them. Now, as of July first, all new loans will go though the direct loan program only. Officials say the new law will save the government sixty-one billion dollars over ten years. The plan is to use more than half the savings to provide more federal Pell Grants to needy students. A few billion will also go to schools that traditionally serve minorities and to help two-year community colleges. The new law will reduce the most that borrowers must repay each year from fifteen percent of their income to ten percent. And the longest repayment period will be shortened from twenty-five years. Any

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Healthcare is a “quintessentially economic” activity which gives Congress the right to regulate it under the Commerce Clause. For the last 80 years the USSC has upheld virtually every interpretation of the Commerce Clause, even in cases where the economic activity in question was much less obvious than healthcare. In order for the USSC to strike down the healthcare bill they’d have to overturn 80 years of precedent. In other words – they’d have to be “activist” judges.

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Chris Matthews blasted Fox News Tuesday over its coverage of the health care reform bill (h/t Mediaite). In discussing a recent NBC News/Wall Street Journal poll with Chuck Todd, Matthews compared MSNBC and CNN to Fox News, which he said offers “absolutely no debate.” “If you listen to this network, there is a lot of debate on MSNBC about this health care bill,” Matthews said. “Left vs. center-left, for it or against it, there are all points. Same with CNN. But there is another network, Fox, where there’s absolutely no debate. It’s just trashed every single thing. Has there ever been a bill in history before the congress where an entire network on television has blasted it every day for more than a year?” Todd mostly dodged the question. From: www.huffingtonpost.com & Hat Tip to: www.mediaite.com

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