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Obama Breaks Down Student Loan Overhaul (Student loans will be forgiven!!!!)
Foxnews ^ | 3/30/2010 | Staff

Posted on 03/30/2010 8:46:30 AM PDT by Red in Blue PA

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To: Red in Blue PA

And remember friends, Obama is NOT a socialist. He told Matt Lauer so.

Just because his mommy and daddy were Marxists, and his mentors were Marxists, doesn’t mean that he’s a socialist.


101 posted on 03/30/2010 9:21:49 AM PDT by popdonnelly (I'm so old, I remember when free enterprise was praised, and communism was shunned.)
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To: lunarville
I wonder if you would get approved if you wanted the loan for Hillsdale College? /p>

I believe Hillsdale would not let you in if you had such a loan. They want no Federal intrusion into their operation. On the other hand, you can soon expect (if it's not in there already) legislation that would ban turning down a student bearing an ObamaEd loan.

102 posted on 03/30/2010 9:22:39 AM PDT by Paine in the Neck (What we really have going on in this country is a MAL-DISTRIBUTION of EFFORT.)
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To: Red in Blue PA
"New borrowers who assume loans after July 1, 2014..."

Current college age Obama voters got the shaft. LOL LOL LOL. Their taxes will pay for this. LOL LOL LOL...

103 posted on 03/30/2010 9:22:46 AM PDT by Earthdweller (Harvard won the election again...so what's the problem.......?)
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To: Red in Blue PA
actually, watch the pea in the shell game...

encourage everyone, especially whitey, to run up huge student loans, then change the rules later, making them beholden to fed nipples...

104 posted on 03/30/2010 9:22:49 AM PDT by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
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To: Red in Blue PA
"You need to lose a job to collect unemployment."

That may change in the near future...
105 posted on 03/30/2010 9:22:56 AM PDT by lunarville (Common sense ain't so common anymore...)
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To: lunarville
I wonder if you would get approved if you wanted the loan for Hillsdale College?

Hillsdale does not participate in the current federal financial aid programs. In fact, the school accepts no federal funding for any purposes.

106 posted on 03/30/2010 9:23:49 AM PDT by CFC__VRWC
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To: Red in Blue PA

What if you attend school after school after school and grad school after grad school and rack up $300,000 in loans. Does that mean if you only make $50,000 you only have to pay $416/mo?????


107 posted on 03/30/2010 9:23:54 AM PDT by St. Louis Conservative
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To: Red in Blue PA

It’s only money


108 posted on 03/30/2010 9:24:18 AM PDT by GeronL (There is only a "Happily ever after" for you if you're the one writing your own script)
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To: Red in Blue PA

Gee ... is this likely to LOWER or RAISE college tuition? ...

Need I ask ...


109 posted on 03/30/2010 9:24:40 AM PDT by dartuser ("Palin 2012 ... nothing else will do.")
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To: Abathar

Yeah. My back pocket...


110 posted on 03/30/2010 9:24:48 AM PDT by rlmorel (We are traveling "The Road to Serfdom".)
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To: hoosierham

Now that we have mandatory health care insurance, my discretionary income is gone.


111 posted on 03/30/2010 9:25:11 AM PDT by LachlanMinnesota
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To: onemiddleamerican

Dontchya know he got a big stash somehwere?


112 posted on 03/30/2010 9:25:33 AM PDT by Rennes Templar
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To: St. Louis Conservative

Sounds like it to me.


113 posted on 03/30/2010 9:25:43 AM PDT by Red in Blue PA (Thinking of using 911 for protection? Google "Brittany Zimmerman")
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To: autumnraine

MINORITY loans will be forgiven.

Obama is all about African Americans and overpaid, spoiled union workers.

Our Racist in Chief.


114 posted on 03/30/2010 9:26:22 AM PDT by whitedog57
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To: dartuser

Can you all say HYPERINFLATION?

I knew you could.


115 posted on 03/30/2010 9:26:39 AM PDT by Red in Blue PA (Thinking of using 911 for protection? Google "Brittany Zimmerman")
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To: CFC__VRWC
"Hillsdale does not participate in the current federal financial aid programs. In fact, the school accepts no federal funding for any purposes"

That's great!
116 posted on 03/30/2010 9:27:10 AM PDT by lunarville (Common sense ain't so common anymore...)
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To: Domandred


And of course us old borrowers who followed the rules get screwed.

Picking winners and losers in order to max his buying of votes.
That’s Obama’s Five Year Plan.


117 posted on 03/30/2010 9:28:12 AM PDT by VOA
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To: Red in Blue PA

Expect a huge problem in 2034 when these student loans get “forgiven”


118 posted on 03/30/2010 9:29:18 AM PDT by Domandred (Fdisk, format, and reinstall the entire .gov system.)
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To: RummyChick

My wife has one for her Masters Degree - sure would help if we had some Obambi’s stash to help out! Oh I forgot this stuff is just for those who can be brain washed!


119 posted on 03/30/2010 9:29:28 AM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: Red in Blue PA
Obama Breaks Down Student Loan Overhaul (Student loans will be forgiven!!!!)

Which results in financial institutions providing no more bona fide student loans - or more government takeover which just delays the same result with more collateral damage.

120 posted on 03/30/2010 9:31:04 AM PDT by Jim W N
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