So the Republicans fell into the Democrat trap of voting against the Student Loan Thingy?

Your comment in answer of Bad Things Happen is spot-on, Lois. Thank you for that. If anyone has an interest in seeing how dire the job market is for graduates with college degrees, including advanced post-graduate work, there's a careful breakdown of who's gotten the meager number of jobs added here: http://www.rockymountainperspective.com/may-grads-...

For those who prefer an abridged version, of the 145,000 total jobs added last month, according to May's BLS Employment Situation Report released Friday, 154,000 were shown as part time for non-economic reasons. That's right, more than the total number of jobs added went to people simply unable to secure full time work but desperate enough to take any entry-level position for income. Half the job gains overall went to teens in the 16-19 year-old age range, where 71,000 new under-20 workers fit the entry-level part time profile of hires who boosted May employment figures.

Since night of the zombie sounds convinced his degree and that of some acquaintances is the basis for his, and their, employment, maybe the BLS data reported on Household Data Table A-4 will help offer perspective for the unemployed or those facing separation from jobs. On Table A-4, the BLS lists survey data for "Employment status of the civilian population age 25 and over by educational attainment."

During May, job seekers with less than a high school diploma gained 175,000 jobs, while high school grads with no college gained 201,000 jobs. Workers with some college or an associate’s degree lost 128,000 jobs for the month. After brutal months of losses to start 2014, our graduates with bachelors and higher degrees gained 76,000 jobs in May.

Keep in mind, the Digest of Education Statistics showed college graduates added another estimated 4.75 million highly educated workforce hopefuls, most of whom flooded the job market in May. During Obama's tenure, now having overseen six years of higher education graduates infused into the job market, more than 27.5 million young adults have earned a degree or comparable award. Amazingly, 5.5 million were issued following post-graduate studies. Obama’s current mid 900,000 rate annually infusing newly minted masters and doctoral graduates at 75,000 to 80,000 each and every month could make one wonder whether they’re the only higher education graduates being employed any longer.

While total age-appropriate new workforce hopefuls have exceeded 50 million under Obama since 2009, the Department of Labor's only full nationwide count from records kept with each of our 50 states shows fewer workers on payrolls than the day Obama took Office. The Employment & Training Administration's verified counts still show this Administration down 2.35 million jobs from the 133,886,830 in place January 21, 2009. The latest ETA quarterly count released near the start of May stands at 131,532,656. Negative job growth doesn't pair well with 50 million new workers, especially with vast numbers holding college degrees. Of course, this is Obama's economy and supposed recovery six years into an ugly, painful version of fundamental change.

A more detailed explanation and reference to corresponding tables from the May Employment Situation Report can be found here:

http://www.rockymountainperspective.com/may-grads-...

First off, Yahoo did a lousy job of reporting on this bill. Yesterday it was labeled as a 'bill to allow students to not pay back all of their school loans'. Today it is labeled a bill that would let students 'refinance at lower rates, with no mention of the cap on their annual payments.'

Second, your question is so politically-slanted that it makes no sense.

Third, if the bill was intended to forgive student debt, I'm against it, too.

As you should know ( you are almost as old as I am and likely as wise) it is easy to walk up to a situation where many are puzzling over what to do, immediately spot the Real problem and recommend the correct solution.

The Reason is simple enough, it is difficult to see the entire problem when you are too close to the situation.

That is one reason why Term Limits would be good. Get people in there that aren't so closely involved so they can take logical actions.

Republicans said the bill wouldn't have done anything to lower education costs or reduce borrowing, and they accused Democrats of playing politics by highlighting an issue that was bound to fail.

"The Senate Democrats' bill isn't really about students at all. It's really all about Senate Democrats," said Minority Leader Mitch McConnell, R-Ky. "They want an issue to campaign on to save their own hides this November."

The more the government subsidizes education, the more it ends up costing. The educational institutions need to become more efficient or the number of students should drop. Those strange new classes they require are worthless. The amenities they add to the campuses are a waste of money. Time for the government to bow out and reality to bring educational institutions back down to earth.

here's an easy solution that will save you a ton of money and won't require passing any legislation: Just don't take out the loans, don't go to college. Don't fall for the hype that a college degree will land you a job because for most people that's just not the case.

So you are willing to pay for someone else to go to school. Can you send me a check, I want to go study art. I need 50 grand.

You are against responsibility. If you take out a loan you should repay it. How is this not your obligation?

Obama has them:

voting against corporate tax cuts

speaking out against a POW

bashing student loans

bashing women and minorities

lol... and they think they're "winning"

So what are they supposed to do. Vote for it?

Republicans are simple creatures, I wouldn't expect much from them