SUZANNE METTLER

Social Security was part of FDR’s New Deal legislation. It was passed in the middle of the Great Depression in 1936. By the end of the 20th century many people had forgotten or never learned that Social Security was a government social program. It provided relieve for two of the biggest social problems—old age retirement and disability. Most people have no idea that they had disability insurance covered by Social Security throughout their working lives unless they happened to be disabled. The price of a comparable private disability plan would be substantial, yet it is a benefit that most people have and few know it.

For many years, the interest on home mortages have been deductible from Federal Income tax and most state income taxes. Originally, this tax subsidy was instituted to promote the idea of personal home ownership and help the real estate industry which has always had a great deal of political clout. See {634700}.

The latter years of the 20th century saw a large increase in the number of proprietary, profit making colleges and other institutions of higher education. These were able to utilize the Federal student loan programs. However, many were fraudulent rip-offs. Most were unaccredited. The average proprietary school obtained more federal student loan money per student than non-profit schools {639817}, and did not train their students as well. A smaller percentage of their students get their degrees and find jobs. When they do obtain employment they make less money. Congressional pressure, induced by heavy lobbying, stopped Department of Education efforts to make schools with poor graduation or employment rates ineligible for use of Student Loan Programs.

profit making schools of higher education The latter years of the 20th century saw a large increase in the number of proprietary, profit making colleges and other institutions of higher education. These were able to utilize the Federal student loan programs. However, many were fraudulent rip-offs. Most were unaccredited. The average proprietary school obtained more federal student loan money per student than non-profit schools {639817}, and did not train their students as well. A smaller percentage of their students get their degrees and find jobs. When they do obtain employment they make less money. Congressional pressure, induced by heavy lobbying, stopped Department of Education efforts to make schools with poor graduation or employment rates ineligible for use of Student Loan Programs.

The latter years of the 20th century saw a large increase in the number of proprietary, profit making colleges and other institutions of higher education. These were able to utilize the Federal student loan programs. However, many were fraudulent rip-offs. Most were unaccredited. The average proprietary school obtained more federal student loan money per student than non-profit schools, and did not train their students as well. A smaller percentage of their students get their degrees and find jobs. When they do obtain employment they make less money. Congressional pressure, induced by heavy lobbying, stopped Department of Education efforts to make schools with poor graduation or employment rates ineligible for use of Student Loan Programs.

For many years, the interest on home mortages have been deductible from Federal Income tax and most state income taxes. Originally, this tax subsidy was instituted to promote the idea of personal home ownership and help the real estate industry which has always had a great deal of political clout. See {634700}.

Social Security was part of FDR’s New Deal legislation. It was passed in the middle of the Great Depression in 1936. By the end of the 20th century many people had forgotten or never learned that Social Security was a government social program. It provided relieve for two of the biggest social problems—old age retirement and disability. Most people have no idea that they had disability insurance covered by Social Security throughout their working lives unless they happened to be disabled. The price of a comparable private disability plan would be substantial, yet it is a benefit that most people have and few know it.

The latter years of the 20th century saw a large increase in the number of proprietary, profit making colleges and other institutions of higher education. These were able to utilize the Federal student loan programs. However, many were fraudulent rip-offs. Most were unaccredited. The average proprietary school obtained more federal student loan money per student than non-profit schools {639817}, and did not train their students as well. A smaller percentage of their students get their degrees and find jobs. When they do obtain employment they make less money. Congressional pressure, induced by heavy lobbying, stopped Department of Education efforts to make schools with poor graduation or employment rates ineligible for use of Student Loan Programs.

profit making schools of higher education The latter years of the 20th century saw a large increase in the number of proprietary, profit making colleges and other institutions of higher education. These were able to utilize the Federal student loan programs. However, many were fraudulent rip-offs. Most were unaccredited. The average proprietary school obtained more federal student loan money per student than non-profit schools {639817}, and did not train their students as well. A smaller percentage of their students get their degrees and find jobs. When they do obtain employment they make less money. Congressional pressure, induced by heavy lobbying, stopped Department of Education efforts to make schools with poor graduation or employment rates ineligible for use of Student Loan Programs.

The latter years of the 20th century saw a large increase in the number of proprietary, profit making colleges and other institutions of higher education. These were able to utilize the Federal student loan programs. However, many were fraudulent rip-offs. Most were unaccredited. The average proprietary school obtained more federal student loan money per student than non-profit schools, and did not train their students as well. A smaller percentage of their students get their degrees and find jobs. When they do obtain employment they make less money. Congressional pressure, induced by heavy lobbying, stopped Department of Education efforts to make schools with poor graduation or employment rates ineligible for use of Student Loan Programs.