If ‘reform’ means ‘cut,’ Bush is right about student loans

If the president is going to give a speech at a major university and open the floor to questions, it’s probably a good idea to prepare for a question or two about college financing. At yesterday’s event in Kansas, Bush faced his toughest question in a while — and couldn’t answer it.

A student, Kansas State sophomore Tiffany Cooper, asked the president, “Recently, $12.7 billion was cut from education, and I was just wondering how that’s supposed to help our futures?” Bush responded:

“Actually, I think what we did was reform the student loan program. We’re not cutting money out of it. In other words, people aren’t going to be cut off the program. We’re just making sure it works better.

And, secondly, on Pell grants, we’re actually expanding the number of Pell grants through our budget…. I think I’m right on this. I’ll check when I get back to Washington.”

When Bush does check, he’ll find that he wasn’t right on this. As Amanda Terkel noted yesterday:

Student Loans: On Dec. 21, 2005, the Senate passed $12.7 billion in cuts to education programs — “the largest cut in student college loan programs in history.” Vice President Cheney cast the deciding vote in favor of the cuts. The bill also fixed the interest rate on student loans at 6.8 percent, “even if commercial rates are lower.” Despite Bush’s claims, students will be left off the program.

Pell Grants: Pell Grants have been frozen or cut since 2002; they are now stuck at a maximum of $4,050. In his 2000 election campaign, President Bush promised to increase the maximum Pell Grant amount to $5,100. “From 2004 to 2005, 24,000 students lost their Pell grants, according to a report pre-pared by the Congressional Research Service. This was the first drop in the number of students receiving the grants in several years; the number had been growing steadily since 1999.”

Bush’s incorrect answer generated applause. I suspect the accurate answer — “I wanted more money for tax cuts” — may not have been as well received.

Maybe my understanding of this issue is not clear, but if these are loans, I’m not referring to Pell grants, then doesn’t the government get all of it’s money back? I’m aware that the loans are administered by private institutions which should reduce the risk factor.

Aside from the smaller government ideology I haven’t been able to understand why this program is in the crosshairs for budget cuts.

  • This is a prime example of why they don’t let him do these unscripted events.

    He gets himself in trouble ’cause he doesn’t know squat. And if by some remote chance he knows something, no matter how trivial, related to the question he is likely to be incapable of delivering a coherent answer that is not going to bite him on the posterier. A little bit of information is a dangerous thing inside the empty cavern that is his head head. The path from his “brain” to what comes out of his mouth may be small but it is obviously a bigger leap than I realized.

  • So basically he can say whatever he wants no matter if its true or not, and since nobody bothers to check up on anything he says, he gets away with it.

  • Jeremy – Bloggers will check (thanks, CB), but the mainstream media does a piss-poor job on this.
    So for the most part, you are correct.
    Sad, isn’t it?

  • I would bet good money that if the question were “Mr President, I can’t remember – did the government recently cut $12.7 billion from education funding or grant an additional $12.7 billion?” that the President would fumble around before answering affirmatively that we did just increase funding. The only way he can convince his audience that he has a positive message for them is by lying. It’s a shame on this country. Not only is it really bothersome and startling that Bush’s motivations are highly questionable, but that he doesn’t even know what’s going on!

    And yes, it is also sad that the news networks and papers no longer think it’s worthwhile to hold the President accountable when he lies in public and don’t even correct him anymore.

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