In 2007, Nancy Pelosi engineered a cut in college loan rates, from 6.8 to 3.4 percent (subsidized, of course, by taxpayers). Now, five years on, the legislation is expiring, and, not surprisingly, the Democrats think they have an election-year issue. They will say that the mean Republicans, who constitute the only party now concerned with debt and deficits, are trying to take away people’s college loans.
Of course, it would be great if all of us could get cheap loans, but someone has to pay, and, the fact is, America is broke. Business as usual doesn’t cut it now. We are facing a dire future if we don’t start acting responsibly. Can the Republicans convince enough people that the endless handouts are over and still win? If not, we will deserve what we get.
About Stan Guthrie
Stan Guthrie is an editor at large for Christianity Today magazine and for the Chuck Colson Center for Christian Worldview. His latest book is God's Story in 66 Verses. He also is author of All that Jesus Asks: How His Questions Can Teach and Transform Us, Missions in the Third Millennium: 21 Key Trends for the 21st Century, and A Concise Guide to Bible Prophecy. He is co-author of The Sacrament of Evangelism. Besides authoring, writing, and editing books, Stan is a literary agent, bringing together good authors, good books, and good publishers.
Stan writes the monthly Priorities colum for BreakPoint.org. He has appeared on National Public Radio's Tell Me More, WGN's Milt Rosenberg program, and many Christian shows, including The Eric Metaxas Show and Moody Radio's New Day Florida. A licensed minister and an inspirational speaker, he served as moderator for the Christian Book Expo panel discussion, Does the God of Christianity Exist, and What Difference Does It Make?
