Submitted by WATCHER (not verified) on May 23, 2008 - 1:07pm.
It's true that both Inside Higher Ed and the Chronicle quoted constant critics of the DOE and Spellings in offering modest praise for the compromise, but you are exaggerating your point by insinuating that this blog had no basis for their cynicism or that they did no research on the issues.
To the contrary, this blog has been right on top of the curveballs and transparent frauds that characterize the financial aid game through the current federal government's offices. The only reason there is a compromise and people like Miller and Shireman are happy is because the fraud perpetrated by individuals within DoE and the lenders profiting from their ideologically-driven policies has been so extreme that this new compromise finally reigns them in, puts some constraints on them, makes sure they know we are all watching. It's been a team effort, and it has worked.
Why rail on this blog when it has performed a service for outing the multiple sleazebags profiting on the backs of students, and maintaining constant focus on the fact that the Direct Loan program is the most efficient and cost-effective, but only disregarded for ideological reasons? And what are those ideological reasons? That private industry can do a better job than government programs - WRONG, dead-wrong, at least in this case.
RE:Wow
It's true that both Inside Higher Ed and the Chronicle quoted constant critics of the DOE and Spellings in offering modest praise for the compromise, but you are exaggerating your point by insinuating that this blog had no basis for their cynicism or that they did no research on the issues.
To the contrary, this blog has been right on top of the curveballs and transparent frauds that characterize the financial aid game through the current federal government's offices. The only reason there is a compromise and people like Miller and Shireman are happy is because the fraud perpetrated by individuals within DoE and the lenders profiting from their ideologically-driven policies has been so extreme that this new compromise finally reigns them in, puts some constraints on them, makes sure they know we are all watching. It's been a team effort, and it has worked.
Why rail on this blog when it has performed a service for outing the multiple sleazebags profiting on the backs of students, and maintaining constant focus on the fact that the Direct Loan program is the most efficient and cost-effective, but only disregarded for ideological reasons? And what are those ideological reasons? That private industry can do a better job than government programs - WRONG, dead-wrong, at least in this case.
Go back to the trollhouse you came from.