or didn't get enough, or at a high interest rate? Clinton tried to prevent the student loan industry scandal that has screwed thousands of students, but Bush came in and killed the fix. Thanks again Republicans!
Warnings On Student Lenders Unheeded
The Bush administration killed a proposal to clamp down on the student loan industry six years ago following allegations that companies sought to shower universities with financial favors to help generate business, according to documents and interviews with government officials.
The proposed policy, which Education Department officials drafted near the end of the Clinton presidency and circulated at the start of the Bush administration, represented an early, significant but ultimately abortive government response to a problem that this year has grown into a major controversy.
http://www.washingtonpost.com/wp-dyn/content/article/2007/04/30/AR2007043001930.html?hpid=topnews
2007-05-01 03:26:21 · 3 answers · asked by Anonymous in Politics & Government ➔ Politics
Oh yeah. Then there is the fact that we are a loan based nation rather than grant based.
2007-05-01 03:31:59 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You really do have to admire his way of corrupting almost every facet of what he can control don't you though. I mean there is almost nothing that he has been involved in directly from appointments of personnel to going to war that there hasn't been some sort of indictment or scandal. I do admire his way of not just f**g some stuff up, but all of it as a whole.
2007-05-01 03:51:25 · answer #2 · answered by bs b 4 · 0⤊ 0⤋
What else can we expect? Bush only cares about big business, and why should he care about the students who have to take out loans, when he was able to get into two Ivy League schools on legacy alone?
2007-05-01 03:30:30 · answer #3 · answered by tangerine 7 · 0⤊ 2⤋