college costs

ECM WORLD WATCH: GLOBAL AND NATIONAL NEWS

 

April 26, 2012 --  (San Diego’s East County) – ECM World Watch helps you be an informed citizen about important issues globally and nationally. As part of our commitment to reflecting all voices and views, we include links to a wide variety of news sources representing a broad spectrum of political, religious, and social views. Top world and U.S. headlines include:   
 
 
 
 
 
 
U.S.
  • Feds make first arrest in BP Gulf Coast oil spill (CBS)
  • Justices to hear appeal over controversial Arizona immigration law (CNN)
  • Obama takes on college costs, eyes young voters (Bloomberg)
  • Radioactive particles from Japan detected in California kelp (Los Angeles Times)
  • Romney sweeps five northeast primaries (USA Today)
  • Mitt Romney: Mothers should be required to work outside home or lose benefits (HuffingtonPost)
 
WORLD
  • Stirring Mexico volcano closes schools, raises alert (Reuters)
  • Afghan girls in school after poison attack (BBC)
  • Japan fears nuclear plant sits atop active geological fault (Reuters)
  • Hollande and Sarkozy head for runoff in French election (NY Times)
 
Scroll down for excerpts and links to full stories.  

MEASURE SIGNED BY PRESIDENT INCREASES COLLEGE ACCESS & AFFORDABILITY

  

Raises Pell Grants, eases loan repayments, & funds community colleges

Changes paid for by eliminating $68 billion in fees to banks

 

By Miriam Raftery

April 3, 2010 (San Diego’s East County) – Most Americans don’t realize that the Health Care and Education Reconciliation Act signed into law on March 30th by President Barack Obama affects more than the health care industry.  It also brings sweeping change to the federal student loan program. Obama termed this “one of the most significant investments in higher education since the G.I. Bill.”

Under the new law, the federal government will stop paying fees to private banks to act as middlemen on loans to students. The measure will save the U.S. government nearly $68 million over the next 11 years—money that will be invested in more Pell Grants made directly to students.  The new law will also make it easier for students to repay loans after graduating. In addition, $2 billion will be invested in community colleges for education and career training programs.

BLOCK BILL TO CLOSE TAX LOOPHOLES FOR COMPANIES OFFSHORING ASSETS PASSED ASSEMBLY; REVENUES WOULD HELP COLLEGE STUDENTS PAY FOR TEXT BOOKS

 

 

March 27, 2010 (Sacramento) Assembly Bill 1178, also known as the “Cayman Islands Tax Loophole” bill, recently passed the Assembly and will next be considerate by the Senate. The measure authored by Assemblyman Marty Block (D-Lemon Grove) passed the Assembly with a 42-28 vote.