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I have looked into it.....the Government may be giving a slightly lower interest rate than the banks gave, but it sounds like Hillary! is jumping on the 'Bernie Free College' bandwagon, even thought at other times she has said that college cannot be 'free'. I vaguely remember thinking they wanted the student loan program inside the Government so they could forgive any outstanding monies if the student went into Government work. But to damn the Government for profiting off students, when it was Obama that moved the Loan program into the Government, is total hypocrisy.
1 posted on 03/10/2016 11:05:21 AM PST by originalbuckeye
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To: originalbuckeye

Yes he did. He first took CAIR of terror list. Then took student loans over. and took over Census Office.


2 posted on 03/10/2016 11:07:40 AM PST by ColdOne (I miss my poochie... Tasha 2000~3/14/11 HillaryForPrison2016)
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To: originalbuckeye

Yes. (And the legality of that dictatorial fiat?)


3 posted on 03/10/2016 11:08:33 AM PST by faithhopecharity ("Politicians are not born, they're excreted." Marcus Tullius Cicero (106 -- 43 BCE))
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To: originalbuckeye

If I remember correctly / he took it over from the banks and the interest that was earned from the students was calculated in the faux costs of Obamacare


5 posted on 03/10/2016 11:11:41 AM PST by capydick
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To: originalbuckeye

Clinton established the Federal Student Loan Program, which drove up tuition costs for those of us attending university in the 90s.


7 posted on 03/10/2016 11:15:03 AM PST by Read Write Repeat
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To: originalbuckeye

They take student loan money for Obamacare. According to this (from 2013) the interest rate would go from 6.8 to 5.3 without Obamacare steeling from it http://thehill.com/opinion/columnists/dick-morris/302247-loans-subsidize-obamacare

It’s one of the things they did so the entire bill passed the CBO and Obama’s promise on cost.


10 posted on 03/10/2016 11:24:11 AM PST by LostPassword
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To: originalbuckeye

I had a similar thought.

Hitlery was complaining about the poor snowflakes being taken advantage of. But who sets the interest rates and writes the loans? No longer the banks.

Then she went on about forgiving the loans after a certain number of years. Why? Do I get the same consideration on my car loan or mortgage?


11 posted on 03/10/2016 11:34:53 AM PST by llevrok (To liberals, Treason Is the New Patriotism)
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