Banks to lose billions in student loan revamp - TODAY Technology & Money That should teach the evil private sector. The socialists should be happy today!
Re: Banks to lose billions in student loan revamp Read more: http://today.msnbc.msn.com/id/36014592 It appears that the government was already taking all the risks and letting the bank cash in. One democratic senator called it a "corporate welfare" program. Can't say I disagree. Sorry, won't be crying over this.
Re: Banks to lose billions in student loan revamp Read more: http://today.msnbc.msn.com/id/36014592 I don't know if I disagree with it other than the process that was done. The only other thing is that there is less money in the private sector than ever before but my problem with that is that government has taken over GM along with health care. That is less money for the rest of us in earnings and more money we have to pay in taxes. Unless you are part of the 40 percent that don't pay taxes.
Re: Banks to lose billions in student loan revamp Read more: http://today.msnbc.msn.com/id/36014592 FOXNews.com - The Top 5 Disasters In the Democrats' Reconciliation Bill Fox News take for what its worth Third, the bill takes over the private aspects of the student loan industry, putting tens of thousands out of work in the private sector while building up a big new student loan bureaucracy. And this is supposed to happen by next semester, so you can expect lots of headaches for students in the short term as well the long-term costs of bigger government.
Re: Banks to lose billions in student loan revamp Read more: http://today.msnbc.msn.com/id/36014592 students get raked over the coals by these loans. we'll see how it ends up, but sounds like a step in the right direction.
