Obama's student loan repayment program ended up being twice as expensive as projectedhttps://money.cnn.com/2016/11/30/pf/college/obama-student-loan-cost/index.html …
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If you think college lending is bad now, maybe it's time to consider that Obama nationalizing the college lending business a decade ago was not a great idea? http://content.time.com/time/politics/article/0,8599,1924128,00.html …https://www.sfgate.com/business/networth/article/Feds-take-over-student-loan-program-from-banks-3193888.php …
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In 2010, Maxine Waters - who chairs the House Financial Services Committee - argued that we could save money by cutting banks out of student lending. This month, she dragged the bank CEOs to the Hill to ask why they're not making student loans anymore? https://dailycaller.com/2019/04/10/maxine-waters-pin-student-debt-banks-forgets-nationalized/ …
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This is the best political argument that Republicans can make (on healthcare) & one that Trump himself is able to do: "Democrats passed Obamacare less than 10 years ago and promised it would make everything better. But it was such a flop, and they want you to trust them again???"
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Bad faith governance by GOP might be fully explanatory intervening factor. Just spitballing' here.
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And the well-coordinated and principles counter. Oh....
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Wow, a Federal program was taken over by the government?
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On the college loan issue, it’s amazing how the left does not want to understand the obvious effect of easy Federal money on the underlying cost of higher ed.
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I was surprised by how little attention the second item received at the time. I thought "the federal government just took over student loans... which means theoretically they can control almost any aspect of higher education"
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The ignorance in some of the responses is something to behold. You must be doing something right as you are clearly over the target.
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