Me (Steve Leser) on Cavuto regarding Soaring Student Loan Rates

[stevenleser]

Me on Cavuto regarding Soaring Student Loan Rates along with Hadley Heath and Matt Schlapp on July 1, 2013 discuss Student loan rates set to soar… but bailing those student out with lower rates will cost even more. Barclays says those guarantees for students will cost taxpayers $100B over 7 years

[AsahinaKimi]

1. How can you even stand going on Fox?

Do they even listen to what is being said? Most constant viewers of FOX will never change their opinions as it is..stuck in the right wing bubble rooting only for people who are anti democratic as if they were fans of some opposite ball team. And what about that strategy, that if you shout loud enough and talk over your guest, than you must have won the debate?

Sometimes it a bit like WWF wrestling, you expect the hosts to get up and body slam the guest to say they have won the debate, like as if that is the way to win. They kind of do that when the host yells, "cut their mic, pan away from him...cut him off"...that is how arguments are won on the Fox Network.

Its like they think its a sports game.. and they win by shutting down the opponent. Some where at home there is some foaming at the mouth tea bagger, yelling at his TV to cut the "damn liberal off" because no one wants to hear what he wants to say.. or maybe they just enjoy being ANGRY!

[stevenleser]

3. Reply to you in DU mail Kimi!

[AsahinaKimi]

5. Thanks..

I still say.. Baka wa shinanakya naoranai
You can't fix stupid.

[Half-Century Man]

2. Hadley is an Idiot

..an TEA bagging anti-poor Idiot.

[90-percent]

4. I'm not steeped in the issue

So, simplisticly speaking, the government-set rate for student loans is doubling, going from approx. 3% to 6%, yes? So they're arguing that this "free lunch" 3% rate is going to, unto itself, balloon the national debt? They're making 3% and students that take such loans are indentured for the rest of their lives to pay it back. The govt lenders are assured of recouping their entire investment. The lenders will ALWAYS get ALL THEIR MONEY BACK plus 3% interest.

So it's ballooning the national debt at 3% and things would be just fine at 6%? It seems that they're complaining not about losing money, but not making enough money?

An educated populous is one of the best ways to shrink the federal deficit. Educated and skilled people will make more money in their lifetimes and pay more taxes and contribute more to the economy. Uneducated people would tend to make less and contribute less and need welfare more.

And if cheap loans will incentivise schools to jack up their rates, why not make some laws that prevent that?

We as a country are certainly treating our future generations like crap! We're going to need a lot of really sharp people in the future to right all the wrongs my generation has wrought on future generations! "If your children ever find out how lame you really are, they’ll murder you in your sleep." - Frank Zappa to tourists at the Whisky-a-Go-Go, Los Angeles CA, December 1965

-90% Jimmy

Thanks for entering the belly of the beast Steve. I would not be able to keep my composure talking to the likes of those creeps.

[november3rd]

6. Very cool and incisive, Steve

As usual, you're the voice of reason on the show, in spite of the fact that Cavuto will not let you make your point.

How do you persevere in this shark tank?