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Article #2Re: Student Loans in Congress
From: David Lynch
Date: Tue, 21 Nov 1995 00:00
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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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 15ab8c,781953681f40cc04 X-Google-Attributes: gid15ab8c,public X-Google-Thread: 16127f,781953681f40cc04 X-Google-Attributes: gid16127f,public X-Google-Thread: 1562d6,781953681f40cc04 X-Google-Attributes: gid1562d6,public X-Google-Thread: 164da0,781953681f40cc04 X-Google-Attributes: gid164da0,public X-Google-Thread: 1072d9,781953681f40cc04 X-Google-Attributes: gid1072d9,public X-Google-Thread: 11112f,781953681f40cc04 X-Google-Attributes: gid11112f,public 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> X-Deja-AN: 119811320 references: <Pine.ULT.3.91.951120113602.4646F-100000@alder> content-type: Text/Plain; charset=US-ASCII organization: University of Florida mime-version: 1.0 newsgroups: uf.announce,uf.general,bit.listserv.sganet,afn.politics.USA,afn.politics.local,afn.politics.state