Free Republic

There's encouraging news on that other Washington effort to force Americans into a government-run system. The White House plan to drive private lenders out of the market for student loans is igniting a backlash on campus and Capitol Hill. the administrators have been afraid to speak as the Department of Education pressured them to drop private lenders and embrace the department's own Direct Lending (DL) program. The pending bill, which has passed the House but is stalled in the Senate, would ban private lenders from making federally guaranteed loans after July 1, 2010. Congress has already enacted regulations in recent...