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Re: Student Loans in Congress

#2
From: David Lynch
Date: Tue, 21 Nov 1995 00:00
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The sky IS NOT falling--contrary to what the DEMOCRATS want 
you to beleive.  Under the REPIBLICAN plan, there are cuts made, 
but they are to BANK PROFITS!  Isn't that GREAT!

The banks hold virtually zero risk with student loans because the 
government guarantees the loans, so why should they make a ton 
of money?  You would get in on a deal like this if you saw one.

Why should the GOVERNMENT be the lender?  I agree it is nice to 
fill out less paperwork and get the loan quicker, but reforms can be 
made under the bank-lending system to make IT better.  The 
government doesn't need any more debts.

Listen, this is a CAPITALIST society--NOT SOCIALIST. Grow up 
and earn your keep.  Quit WHINING!  The government is not your 
mommy.  

I am a student myself and have borrowed under direct lending and 
bank lending.  Of course I like the direct lending system better, but 
it is unnecessary and should be eliminated.  We all have to make 
sacrifices to make this country great.

David Lynch, University of Florida
dlynch@grove.ufl.edu
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From: dlynch@grove.ufl.edu (David Lynch)
Subject: Re: Student Loans in Congress
Date: 1995/11/21
Message-ID: <48rslq$2ci@no-names.nerdc.ufl.edu>
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