Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: EBH

This is seriously bad stuff. Nobody seems to be paying attention, though; Bambi’s populist rhetoric and class warfare strategy seems to be paying off.

Somebody made an interesting analogy: if you take a student loan from the government, does that mean the government gets to pick your major? Outside of a few general guidelines as to what programs qualify as genuine higher education, no; you go ahead, do your studies, and pay back the loan.

But this process was so corrupted from the start, including things such as forcing companies to take TARP funds, that it was clear the objective all along was to take over these companies.


6 posted on 10/23/2009 4:35:30 AM PDT by livius
[ Post Reply | Private Reply | To 3 | View Replies ]


To: livius
including things such as forcing companies to take TARP funds

Thank you. So many here forget what was discussed just a few months ago. How some of these institutions were coerced into taking TARP and then told they couldn't repay it without passing a government stress test after they discovered the deadly strings attached to it. C'mon people WAKE UP! They cut pay for private employees and yet pay out 7.5 million in pay and perks to the folks at Fannie Mae? You have a congressional critter willing to legislate authority to an unelected, unaccountable CZAR! Yeah...I'm a little more that behind a computer screen p-o'd.

7 posted on 10/23/2009 5:10:56 AM PDT by EBH (it is the Right of the People to alter or to abolish it, and to institute a new Government)
[ Post Reply | Private Reply | To 6 | View Replies ]

To: livius

Somebody made an interesting analogy: if you take a student loan from the government, does that mean the government gets to pick your major? Outside of a few general guidelines as to what programs qualify as genuine higher education, no; you go ahead, do your studies, and pay back the loan.


However, now that only the government will be providing student loans, they likely can influence your choice of major with various incentives. They can offer reductions in rates, extensions and even outright forgiveness of loans in return for various *desired* behaviors.

Physicians can get loan forgiveness for practice in *underserved* areas. Teachers who major in *needed* specialties and who agree to teach in *underperforming* schools also get their tuition loans paid off.


10 posted on 10/23/2009 5:53:30 AM PDT by reformedliberal (Are we at high crimes or misdemeanors, yet?)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson