Yep, The Bush administration proposed a plan to buy student loans from lenders to help make sure us students are able to get more next year. The funny thing is that the US government is the guarantor on need-based subsidized Stafford Loans, which they could be buying back.
I could only imagine the back and forth going on in the Demacrat's minds.
Reported by The New York Times
Wednesday, April 23, 2008
US Government to be responsible to itself
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