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View Full Version : US House passes student aid overhaul




disorderlyvision
03-23-2010, 12:50 PM
http://www.latimes.com/business/la-fi-student-loan23-2010mar23,0,2163898.story


The federal government is moving toward the most sweeping overhaul of
college financial aid in decades. The House of Representatives voted
for the measure as part of its passage of healthcare legislation
Sunday. Under the proposal, private lenders would no longer make
federally subsidized student loans. Instead, the government would make
all such loans itself, instead of only some as it does
now.

Old Dragon
03-23-2010, 01:05 PM
This is to guarantee loyalty of the young.
They already have a tax burden that will never be repaid,
and now they will owe the Government directly through these loans.

Does indentured servitude ring a bell?


http://i246.photobucket.com/albums/gg103/o1ddragon/smilies/butcher-1.gif

JenaS62
03-23-2010, 04:04 PM
More government take over we don't need.