Re: Re: read my post
The "private loan industry" works with government subsidies which when after all the accounting hocus pocus is done amounts to approx $87B over the next 10 years. Bailed out banks are handing out more than that in bonuses in ONE YEAR. I say let the banks make their loans without the government subsidies and let the government run it's own loan program without the banks. The banks don't need need money that should be going to students.