2004/11/21

And the other shoe drops....

I was starting to wonder when the poor and middle classes would start to reap the benefits of the election disaster 2004--looks like we didn't have long to wait.

In a time in which college tuition rate increases outpace the rate of inflation by more than three four times , our illustrious administration is about to pass legislation that clears the way for the government to dramatically reduce grants and subsidized loans to college students. As many as 100,000 students may be affected, especially in states with high state taxes as part of the revision of the formula from the Department of Education (who is already a Permanent Charter Member of my Shitlist for maintaining that someone isn't an independent until they're 24 years old) reduces by as much as half the amount of state taxes that may be deducted from one's income, making it appear as though hundreds or thousands of dollars have magically been added to one's income by the wee StudentLoan Leprachauns.

Bullshit. My congressional delegation is going to hear about this one, at length and with great gusto.

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