Tonawanda News

Editorials

August 23, 2013

OUR VIEW: College spending reform needed

(Continued)

Tonawanda News — Given this reality, tying college evaluations to federal funding as the president seeks is a risky proposition. We would much prefer to treat the evaluations as a useful advisory tool for students. 

A second proposal, one that’s already on the books but rarely used, is capping a graduate’s student loan payment to 10 percent of their income. That sounds like a reasonable idea but it could be tweaked.

What many graduates would say is they need help immediately with student loan payments. Extending the grace period for starting repayment from six months after graduation to 12 would be an excellent start. Given the persistently high unemployment rate among young people an extra six months to find a job and establish yourself as an economically independent adult would make a huge difference.

And we would add that the cap should be more flexible. Including a sunset provision of seven to 10 years or gradually increasing the cap offers students an incentive to pay off their loans quicker rather than wait when they could afford to pay more sooner. Offering graduates a lifetime cap on their maximum payment sets the bar too low and would in many instances needlessly extend the life of the loan leading to more interest paid over time.

Policy differences aside, we salute the president for addressing the topic and hope lawmakers in Washington take heed — higher education reform is both critical and necessary.

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Editorials
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    July 25, 2014

  • OUR VIEW: 'Jefferson lives' a testament to enduring freedom One hundred and eighty-eight years ago today, our nation's second president, John Adams, uttered his last bitter, ironic words: "Jefferson lives." Thomas Jefferson didn't have much of a response. He'd died earlier that day.

    July 4, 2014

  • OUR VIEW: Parking law change a step in right direction We were pleased to see lawmakers in the City of Tonawanda throw it in reverse this week and vote to abolish an overnight parking during the summer in the city after initially voting to keep it last month.

    July 3, 2014

  • OUR VIEW: Council should change parking law City of Tonawanda leaders missed an opportunity to make life a little easier for residents this week when they shot down by a 3-2 Common Council vote a proposal to allow residents to park on the street overnight during the summer.

    June 5, 2014

  • OUR VIEW: City right to cut ties with Natale Voters spoke clearly last year in council races and in the mayoral race they did not approve of the deal negotiated by the city's former mayor, Ron Pilozzi.

    April 3, 2014

  • OUR VIEW: Turning the corner on winter -- we hope The lead on Thursday's story about the latest -- and dear God we hope the last -- winter storm of the season pretty much said it all. Enough already.

    March 29, 2014

  • OUR VIEW: Wilson's legacy includes Bills in Buffalo We all owe Mr. Wilson a debt of gratitude for demonstrating such fierce loyalty to Buffalo and to the fans of his team.

    March 26, 2014

  • OUR VIEW: Tonawanda Coke sentence offers deserved answers U.S. Chief District Judge William Skretny got Wednesday's sentencing of Tonawanda Coke right in acknowledging the pain and suffering the plant has caused its neighbors -- while also noting it deserves a chance to improve its standing in the community now that the trial is over.

    March 20, 2014

  • EDITORIAL: Time to get a handle on robocalls Calling himself "Robo Cop," U.S. Sen. Chuck Schumer last week called for harsher fines and even jail time for repeat offenders who violate the federal "Do Not Call" rules with pre-recorded telemarketing calls.

    February 16, 2014

  • St. Francis closure demands explanation

    January 20, 2014