Subject: txt sclm bbro edu lbrty -
While Americans were becoming increasingly disenchanted with the health care reform proposals passed by Democratic majorities in the House and Senate, another government takeover proposal was in the works. -- This time the Democrats want the federal government to be in charge of student loans. After health care, families point to education as the most important part of a family savings plan.
If you thought the health care public option was bad, get a load of this: the student loan legislation does not just set up a government-run option for student lending, the bill makes the government the only option.
It promises to bring complete federalization of the student loan process to a private marketplace.
The only think that's holding Democrats back from passing this legislation is the tricky business of trying to get the health care bill passed in time for the president to have a grand signing ceremony before his State of the Union address. Iowa Democrat Sen. Tom Harkin’s intends to jam this single-payer student loan system through an unpopular process known as "reconciliation," all the while ignoring any of the bipartisan alternatives that have been presented... [snip]
When it comes to student loans, the last thing Americans need is another government takeover. Everyone better pay attention to what’s going on while all eyes are fixed on the health care bill, or that’s exactly what’s going to happen.
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