Friday, March 26, 2010

FOXNews.com - Student Loan Company: Data on 3.3M People Stolen

FOXNews.com - Student Loan Company: Data on 3.3M People Stolen

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This sure sounds fishy to me because before this there was this... 

"Nine-point- one billion dollars of money created by the student loan takeover by the federal government is going to pay for health care. So it's not enough to increase the taxes on these students when they get a job because that's what will happen to them under this health care bill. It's not enough to pass on $2 trillion... of debt. That's what happens when you look at this bill in perpetuity. You got to hit them while they're in school." 

Let those words sink in, especially 'student loan takeover by the federal government is going to pay for health care.' Now, all of a sudden 3.3 million student records go missing?

Senator Lindsey Graham also states: "The average student will be spending $1,700 to $1,800 more during the life of their loan because of this surcharge. From the students' point of view, it's going to cost you $1,700 to $1,800 more to pay your student loan off, and all the money goes to the federal government. At the end of the day, they took the student loan business over to generate income for the federal government and they've applied it to paying for this health care bill." 

Smells fishier by the minute. I wouldn't trust anything with the Department of Education's fingers in it. College students...you can run but you can't hide. This is the same generation that grew up under OBE (outcome based education) with the Clinton administration.