FROM Jonathan Glater
The Growing Scandal in Student Loans Education Secretary Margaret Spelling heads to Capitol Hill tomorrow to answer questions about student loans . With tuitions rising toward $50,000 a year at top institutions, student lending is an $85 billion industry. Investing in education is a lot like buying a car, with discounts and interest rates as important as faculty qualifications or student performance. Private lenders compete with the federal government, and friendly college administrators have taken gifts, trips and stock options. New York State Attorney General Andrew Cuomo is just one investigator into reports of unethical and possibly illegal practices that include kickbacks to college loan officers who've recommended private lenders to parents and students. Yesterday, Theresa Shaw, Spelling's top student-loan overseer announced her resignation. How can students and parents tell if they're getting their money's worth? Is the Department of Education doing its job? Why is it so expensive to go to school?
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.