January 10, 2007
According to a recent article by Emily Zaborniak, Governor Christine Gregoire has taken a proactive role in stopping the problem of escalating tuition rates. Her proposed tuition cap is the first active step in years that a politician has taken to battle the rising costs of education.
As a result of Gregoire’s attempt to cap rising tuition costs, politicians and educational spokespeople have joined the cause by pushing the issue of college affordability to the forefronts of their agendas. Gregoire proposed a tuition cap that would limit annual tuition costs to $2,586 for community and technical college students in Washington State. Her plan would also expand WSU medical-education offerings in Spokane to train more dentists, nurses, and doctors.
The governor has received some criticism for her politically risky move to help college students. Senator Mark Schoesler said, “I’d like to see it capped at inflation.” He is not the only person who has shown concern over a cap on tuition. According to many political activists, the cap is a temporary band-aid that does not address the problem of education costs for middle-class Americans. Some of the alternative plans that have been embraced include Senator Edward Kennedy’s Student Loan Sunshine Act and new proposals by several Democratic leaders.
What this new political initiative means to the middle-class family trying to afford college tuition is that the political arena recognizes that the cost of education, which is spiraling out of control, is manageable, but families need to be proactive regarding the loans they take out to pay for their children’s educations.
At EdFed, loan consultants are working to help make loans affordable and easy to handle. “We understand the ever-escalating amounts of student loans today, and that is why we are using all of the latest consolidation loans and the lowest interest rates to save you time and money. We also make the process very easy,” an EdFed representative reported.
EdFed is a student loan company dedicated to assisting students and graduates with financing college expenses and managing education loans. The company specializes in education lending and is dedicated to ensuring that loans are handled professionally and in a manner that benefits borrowers.
For more information, please contact Fred Godlash at 626-243-1838.