I thought this, or something similar to this, was already done under the bill that defunded ACORN.
He is doubling down!!!! He is only going to be worse now!
Why does the cost of college education keep going up? Government subsidized loans. How much money does it really take to teach Shakespeare, whose works have been in the public domain for centuries?
Nationalize...............Nazi = German, short for Nationalsozialistische deutsche Arbeiter-Partei, National Socialist German Workers’ Party.]
Communism and ANOTHER TAX
Since Zero’s funds will be at a zero interest rate ... he can reap all the profits.
Besides ... NEW CZAR will be required! And that Czar will love pouring over all your tax returns, bank balances and personal information you have to submit on the FASFA.
Ping
There is nothing, zip, nada, in the Consitution that allows the feds to hijack education.
Not even the overused commerce clause.
The percentage of loans will go up to those who cannot read or wright. Then they will be obsolved of paying the loan back because they cannot afford it. Watch!
Next will come the government telling you what your career will be. So much for America being the land of opportunity where you can be anything you want to be.
A wounded Marxist is a dangerous Marxist. Throw his pathological narcissism into the mix.....buckle up and get ready for a wild ride folks.
From community organizer to micro-managing 300 million US citizens’ lives from cradle to grave.
Creeping communism:
Medical care access from conception to expiration
Unionized teachers from K-12 with approved curricula & uniforms & diet/lunch programs
Financial control of higher education - picking the applicants based on criteria???
FCC control of the airwaves
I.D. and screening at public transportation terminals
CCTV on every street corner
Mandatory SS numbers and taxes assigned at birth
Mandatory tax filing for charities including religious faith based entities
Nationalization of banks and industries - can energy be far behind?
Encroachment (ultimate dissolution) on States Rights and Governors’ prerogatives.
So, does the loan come with an oath of allegiance or am I simply among the pigmentally challenged??