Obama to Nationalize Student Lending

Discussion in 'Politics' started by carpro, Jan 20, 2010.

  1. carpro

    carpro
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    http://cnsnews.com/news/article/60074

    Obama to Nationalize Student Lending with Pending Budget Bill

    Wednesday, January 20, 2010
    By Matt Cover, Staff Writer


    (CNSNews.com) – A bill currently before the Senate would empower the Obama administration to nationalize the student lending industry, eliminating the federally subsidized private loans millions of university students rely on to finance their educations.
     
  2. carpro

    carpro
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    Banks won't care. But it's a bad deal for the student borrowers.
     
  3. Steven2006

    Steven2006
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    Wasn't there something awhile back about Oboma suggesting if students borrowed money for college then they should have to volunteer for some type of civilian group for a period of time? it might be the beginning of sneaking that plan through.
     

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