Black College Students Receive “Nasty Surprise” From Obama Administration

by admin | June 26, 2013 10:50 am

Barack Obama, John Silvanus Wilson Jr.,[1]

by Yvette Carnell

President Obama was exalted by the black community after his commencement speech at Morehouse College, which is not unusual, since many in the black community heap praise on Obama for just showing up. But according to Washington Post reporter Courtland Malloy, the black president who bellowed about black male responsibility at commencement is the same president who is allowing his administration to cut student loans to black students.

In what United Negro College Fund President Michael Lomax calls a “nasty surprise” , the Obama administration “has begun denying student loans to disproportionately large numbers of black parents because of blemished credit histories.”

When President Obama spoke to Morehouse graduates, he implored them to be responsible to both themselves and their communities. But when does President Obama’s responsibility begin? When should we expect him to be responsible to both country and community? It’s the height of duplicity to speak at a black college commencement about responsibility, then head back to the White House and allow loans to black students to be cut under your watch.

“We’re getting calls and e-mails from parents, at least two and three a day, saying the denial of their student loans is a disaster,” said president of the Washington-based Thurgood Marshall College Fund, Johnny Taylor. “You have black students from low-income households about to enter college or already there and pressing towards graduation, persisting just as Obama urged them to do, only to have his administration pull the rug out from under them.”

From Malloy’s article:[2]

In the past year, for historically black colleges and universities (HCBU), the Obama administration’s policies have led to a 36 percent drop in the volume of parent loans. That translated into an annual cut of more than $150 million[3]. The reason, according to Education Secretary Arne Duncan, is to prevent parents from taking on too much debt — which is as patronizing as it is hypocritical. In April, Obama announced that he was pushing to make more home loans available to people with weak credit.

When Obama promised to be a transformational president, is this really what you had in mind?

 

 

Endnotes:
  1. [Image]: http://breakingbrown.com/wp-content/uploads/2013/06/obama-morehouse.jpg
  2. article:: http://www.washingtonpost.com/local/obama-administration-delivers-a-nasty-surprise-to-black-college-students-parents/2013/06/25/26247c8a-ddce-11e2-b797-cbd4cb13f9c6_story.html?wprss=rss_dc-news
  3. for historically black colleges and universities (HCBU), the Obama administration’s policies have led to a 36 percent drop in the volume of parent loans. That translated into an annual cut of more than $150 million: http://www.washingtonpost.com/local/education/tighter-federal-lending-standards-yield-turmoil-for-historically-black-colleges/2013/06/22/6ade4acc-d9a5-11e2-a9f2-42ee3912ae0e_story.html

Source URL: http://breakingbrown.com/2013/06/black-college-students-receive-nasty-surprise-from-obama-administration/