Are the “college kids” aware of Obama’s plan to end “private lender college loans”, so please ask Obama now?
Now WHITE college kids will have to BEG Obama’s government for a school loan…of course, the blacks get an automatic PELL GRANT.
http://www.bloomberg.com/apps/news?pid=20601009&sid=aq9CWjKWjFGM
Obama is the “non-education” president.
If you understood the situation you would know that the government is subsidizing private lenders who mark up the loans to cover their overhead, salaries etc. Obama is eliminating the middleman and making loans more affordable.
This type of set up is the same as the Medicare Drug Plan and Medicare part D supplements, which Obama is also going to address.
