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To: Para-Ord.45

i’m not a romney fan at all but the guy is right on this one...why should student loan rates double when interest rates in the economy are fractional???

this was a trap set up by the rats- the GOP better be careful and not step into it...


7 posted on 04/23/2012 5:30:43 PM PDT by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: God luvs America

1. No one forced anyone to go to a University and take on debt

2. Not one line exists written in the Constitution that allows the Federal Govt. to be in the business of student loans.


10 posted on 04/23/2012 5:32:44 PM PDT by Para-Ord.45
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To: God luvs America
If loans in a certain business sector are having ever increasing defaults and banks and institutions have to eat those losses... then it is pure Free Market Capitalism that when the risk of loaning money increases, the cost of borrowing that money also increases. Take a look at the percentage of student loans that go into default. mitt is wrong.

LLS

20 posted on 04/23/2012 7:08:30 PM PDT by LibLieSlayer (Pray hard and often!)
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