Monday, September 21, 2009

Government Takeover Preview?

Dems’ Government Takeover Of Student Loans Looks A Lot Like Obama’s Government-Run Health Care Experiment.

Recently Passed “Education Reform” Bill From House Dems Will Cut Private Lenders Out Of Federal Higher Education Financing Programs. “House approval of an education-financing bill Thursday marks a first step toward sweeping changes in U.S. higher education that would cut out private lenders and leave the government as sole provider of student loans under federal programs … [T]he measure would eliminate private lenders from originating government-backed loans …” (Corey Boles and Robert Tomsho, “Bill Upends System For College Loans,” The Wall Street Journal,9/18/09)

READ FULL ARTICLE