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Jewz in the Newz by Nate Bloom: Jackie Robinson's Friend, Hank Greenberg; CNN's Jake Tapper; Texas County in the News is named for 19thC. Jewish soldier and Congressman
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Jonathan Tobin: What Part of No Preconditions Do American Jews Not Get?
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Jewish World Review
Feb. 20, 2013 / 10 Adar, 5773
Deadbeats undermine the best of intentions
By
Dale McFeatters
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http://www.JewishWorldReview.com |
Like many federal programs, the Health Education Assistance Loan (HEAL) program began with the best of intentions.
HEAL would be a lender of last resort to keep aspiring medical professionals in school who had exhausted private sources of loans. It was not charity. Interest on the loans began accruing immediately and the government expected to be repaid in full.
From 1978 to 1998, it largely worked. During that time, HEAL loaned $4 billion to about 157,000 graduate students aspiring to become doctors, dentists, optometrists and chiropractors. Of those, 95 percent are current on their payments or have repaid the loans.
But 930 medical professionals remain in default, owing the government more than $116 million. Many of these deadbeats haven't paid a dime on their loans in more than 18 years.
This is not a case in which a careless or inefficient government agency has allowed the non-payers to slip through the cracks. The Health Resources and Services Administration is spending $2.8 million to monitor a program that ended 14 years ago.
The HRSA tracks not only the 30,000 professionals repaying more than $730 million on time but also those deadbeats who refuse to pay or insist they are unable to. It has limited tools to collect the overdue debts: It can seek a court judgment; it can ban the professional from billing Medicare and Medicaid; it can convince the state to suspend the defaulter's professional license; and it can put the defaulter on a shaming list.
But publicizing deadbeats is subject to the law of diminishing returns. Initially, the agency collected millions by making the names public, but today 30 percent of those on the default list were on the list in 1995. A 2010 report by the Department of Health and Human Services' inspector general reported that nearly half of the 1,100 deadbeat doctors had no apparent income; of the 486 defaulters who made any money, only 98 made more than $50,000.
HEAL illustrates a truism about federal loan programs: Before handing out any money, establish an effective mechanism for getting it back.
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Previously:
• 02/19/13 Artificial retina offers eye-opening promise
• 02/14/13 State of the Union needs new purpose
• 02/13/13 Instead of black helicopters, fluffy white blimps
• 02/11/13 Congress, no vacation until its work is done
• 02/08/13 Saturday letter delivery an expensive luxury
• 02/07/13 William Howard Taft, from president to mascot
• 02/01/13 Economists unfazed by brief pause in growth
• 01/31/13 African drone base would be a first step for U.S.
• 01/28/13 Senate timidly tinkers with filibuster rule
• 01/25/13 North Korea on 'settling accounts' with U.S.
• 01/24/13 Iran will invent world domination
• 01/23/13 High-school graduation rate hits a high note
• 01/21/13 Congress will spend year resting up -- who knows for what
• 01/17/13 Inaugurations inevitably include a slip-up
• 01/16/13 Once again, an al-Qaida threat from a faraway place
• 11/30/12 Soon your car may resemble Hal --- 'I'm sorry, Dave'
• 11/27/12 Faint -- very faint -- signs of optimism on fiscal cliff
• 11/26/12 Black Friday fatigue --- or not
• 11/23/12 China plans world's tallest and fastest building
• 11/22/12 Lonely, unattached planets looking for company
• 11/19/12 Americans will be diminished by loss of Twinkies
• 11/16/12 'E' in email stands for 'everybody'
• 11/14/12 Congress has chance to end year on high note
• 11/09/12 In Washington, expect new kind ofgridlock
• 11/02/12 Paranoia tops Chinese leaders' agendas
• 11/01/12 Preparing to lead from rear in another war
• 10/31/12 Happy to forget
• 10/30/12 Hurricane Sandy clouds election outcome
• 10/29/12 New meaning to the crime 'stick up'
• 10/25/12 Riding out the apocalypse in Costco
• 10/22/12 We love our troops, but some of us love ripping them off even more
• 10/18/12 Search for our next world narrows; get used to heat
• 10/16/12 Your license plate may be an open book
• 10/12/12 Cycling anti-dopers finally get their man, Lance Armstrong
• 10/12/12 Discovery: Roadside trash on Mars?
• 10/11/12 Millennials, the cheapest generation
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• 10/04/12 Confessions of a federal bootlegger
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• 08/06/12 Congress takes needed rest from inactivity
• 08/03/12 Manhattan Project worthy of national parks
• 08/01/12 In Russia, fearing the power of punk
• 07/31/12 Why Barack Obama needs Bill Clinton
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• 07/26/12 Government spying on everyone not necessarily all bad
• 07/19/12 Kim Horatio Alger Jong Un, prodigy
• 07/18/12 The Fed and Congress: Who's on first?
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• 04/13/12 Lenders tiptoe back into world of credit risks
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• 04/11/12 Smartphone anti-theft plan seems, um, smart
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• 03/21/12 In Iraq, blame the U.S., but drive American
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• 11/24/11 Congress Quietly Abolishing Friday
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• 08/17/11 Time to prepare for the end game in Libya
• 08/16/11: Super Committee starts facing reality
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• 08/11/11: Relax. There is no Death Star
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• 08/04/11: Russian PM calls U.S. a parasite. He should be so lucky
• 08/03/11: Congress goes from one bind to another
• 08/02/11: D.B. Cooper may no longer be a mystery
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• 07/29/11: He'll always be known as Hot Wheels Handler
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• 07/22/11: Bachmann's admirable medical candor
• 07/12/11: Social Security's grave mistakes
• 07/08/11: Debt crisis need not be constitutional crisis
• 07/07/11: Startups entice new talent with kickball, treehouses
• 07/05/11: Stranded tourists get rare treat
• 06/30/11: The dollar Americans refuse to spend
• 06/27/11: The hangman doesn't cometh
© 2011, SCRIPPS HOWARD NEWS SERVICE
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