direct student loans

Republicans – Are Any Of You Against Obama’s Direct Student Loans?

(2010)

Is there anybody out there who is actually disappointed with
Obama’s policy to cut out banks as the middle-men for student loans?

This policy shall save the federal government $64 billion over ten years.

(Can right-wingers just admit that this is a good policy by Obama?)

That depends on whether it also discontinued the tax deduction given to employers who in the past paid for furthering the education of the employees. If it did, then it is a poor substitute. If not, it will lead to a lot of unpaid loans. If I’m not mistaken, this has been tried before with over half not paying their loans.

Congressman DeFazio speaks about direct student loans Part 1

Tagged with: • • • •

Filed under: Student Loans