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It is instructive to compare Congress’ treatment of students to that of sugar processors. The interest on student loans is allowed to double to 6.8 percent (“Students fret over loan rate increases,” July 1). Meanwhile, large sugar processors in 2012 took out $8.8 billion in loans at rates ranging from 1.125 percent to 1.25 percent, which can now be paid off in sugar that the U.S. Department of Agriculture will have to sell off at a loss.
Apparently cavities and obesity are a higher congressional priority than education.
JOHN SHERMAN, Moorhead, Minn.
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The sunsetting of subsidized student loan rates creates opportunities for higher education. First, the higher borrowing cost will encourage students to accurately assess their preparedness and career outlook for the degree they wish to pursue. Second, an engaged, motivated and driven student will enhance the college experience for all stakeholders. Third, the potential of lower enrollment will push the presidents of colleges and universities to reexamine the breadth of degree options and establish market-driven tuition prices. In the end, America wins, with less taxpayer money being spent, tuition in line with market drivers and students motivated to succeed while pursuing degrees in fields with demand for the knowledge learned.
CHRIS LUND, Hamburg
WOMEN IN BUSINESS
Conference was serious; coverage of it was not
I was dismayed to read the frothy treatment that the annual conference of the Women’s Business Enterprise National Council received in the June 28 paper. Rather than focusing on the real value that the more than 8 million women-owned businesses provide to the economy, you covered photo sessions and the free makeovers that Target (shamefully) offered. According to the National Women’s Business Council, more than 16 percent of all U.S. jobs are created or maintained by women-owned businesses. Last week’s conference, which my company participated in, allowed businesses to connect with multinational corporations and featured a number of intensive and practical sessions. I run a multimillion-dollar Certified Woman-Owned business, and many of the top companies in Minnesota hire me not because I look good in lipstick (though I do) but because I get them the best results.
NINA HALE, Minneapolis
The Opinion section is produced by the Editorial Department to foster discussion about key issues. The Editorial Board represents the institutional voice of the Star Tribune and operates independently of the newsroom.