College Student Relief Act: Financial Aid Gone Wrong
March 26th, 2007 by Student Loan Tax
WE ARE OPPOSED TO H.R. 5 AND YOU SHOULD BE TOO!
The government is taking money out of YOUR POCKET, AGAIN.
Call and E-mail Your Senator and Sign Our Petition.
Someone better keep their eyes on our public servants (politicians) before things get out of hand. President Bush went on record back in February saying that he was trying to “right-size” the student loan industry.
What the media conveniently forgot to tell you was that the new legislation:
• that will slash lender subsidies would drive many companies out of business.
• eliminating private lenders will have an adverse affect upon students.
• giving the government more control over student loans would create a bloated bureaucracy
• would actually costs the taxpayers more money by reducing competition among lenders
Despite the plethora of promises from politicians and the media coverage that has been painting a positive picture if such bills as H.R. 5 is passed, the future of education in the United States is headed for disaster.
Here’s Why:
• HR5 steals a college education from the neediest students
• HR5 eliminates students’ freedom of choice in selecting the lender that best meets their needs
• HR5 creates a monopoly on student loans enslaving students to the direct loan program
• HR5 robs students from savings realized by consolidating loans
• HR5 tax breaks are a complete rip off—benefits don’t happen for a year and only save a few dollars each month
Act now–before it’s too late!
Call and E-mail Your Senator and Sign Our Petition.
college funding College Student Relief Act HR5 Student Loan Tax Student Loans UncategorizedPosted in HR5, Student Loan Tax, Student Loans, College Funding, College Student Relief Act |