So it appears that most of those are ours will be paying their loans so if thats the case why would we, because thats the current default system right now. Why would we want to change it . Im trying to figure this out. I dont have a dog in this fight one where the other. My goal is success not just in the classroom but once they graduate from the classroom and by allowing the income base repayment to be the initial, the automatic prepayment plan it insures that no student would have a loan repayment that would exceed their ability to repay. Therefore reducing the default rate. It simplifies the process. It makes it more userfriendly for the borrower and it insures their ability to repay. This is something we will have to take more to look at. I like income base repayment but should it be the default or should just be one and an arsenal of Different Things . The problem i have with that is sometimes people take the easiest course out which means they lower their payments even though the
Citizens. S all if it hadnt been for these colleges and universities, we wouldnt have a civil rights movement. Maybe Martin Luther king junior or james farmer. A julian bond. Down, notnts sitting standing up. These colleges and universities bring about a nonviolent revolution, a revolution of values, i revolution of ideas. Have the podium, i want to take a moment to yield to a friend of mine. We were just going to introduce him. Mr. Davis. Is when it comes to education, he is a champion. Danny, thank you. You want to say a word . [applause] congressman davis of chicago. He is a native of arkansas. He has hbcus now. Actually, two of my heroes have already spoken. There isnt much else that i would need or desire to say, except that the schools have provided and continue to provide, not only the experiences that john has had, but experiences that thousands of young people all over the country. If there was not a morehouse, it kansas orbeen in ar a southern illinois. Southern university in
Underscores why there shouldnt be any material concern about the comcasttime warner transaction because there is nothing but more different and more interesting competition that is coming in this space down the road david cohen, executive Vice President of comcast. The committee will hold a hearing on the comcasttime warner merger and the affect on consumers. A panel of academics and journalist look at the role of u. S. Tax policy and debate ways to improve the current system. The urban institute hosted this. It is about an hour and hamp. Half welcome to the urbanbrookings tax policy. We are going to be talking about tax reform which is the holy grail of tax policy. It is sought after. There are rumored sighting all of the time. There have been recent tigsights like tom camp and ron whiten promises after extending the 5,000 stupid tax extenders for the last time there will be tax reform and it will never happen again. President obama called a tax reform commission, president bush calle