-By Warner Todd Huston
They call it a “recruitment tool,” but it is little else but yet another way for Congressional elites to give each other favors on the taxpayer’s dime. As Americans are increasingly losing jobs, even their homes, congressmen are using taxpayer’s dollars to pay off the student loans of their staffers. Worse, this has been going on since 1990.
The law was enacted in 1990 and updated in 2000 with the idea that congress could use this incentive to lure good applicants to congressional staffs.
As a 2002 report on the program states:
More than a decade ago, Congress authorized a student loan repayment program for highly qualified professional, administrative, and technical federal personnel covered by the General Schedule (GS). Section 1206(b) of P.L. 101-510, enacted on November 5, 1990,1 responded to a recommendation of the National Commission on the Public Service that a loan forgiveness program be established for federal service.2 The commission found, in its April 1989 report, that the federal government had serious problems in recruiting and retaining a quality workforce. Student loan repayment is viewed as a way to make government service more attractive to candidates, many of whom have incurred significant student loan debts in acquiring their education.
I like that: “Student loan repayment is viewed as a way to make government service more attractive to candidates…”
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Elite Favors: Congressmen Payoff Staffer’s College Loans”