Tuesday, March 30, 2010

Obama kicks the banking industry out of the student loan business (Video)

The banking industry is one of the most irresponsible industries out here right now, they NEVER should have gotten into the student loan game. Their interest rates on many students were and are outrageous, they were allowed to take over this industry totally, under the Bush Administration. That will be NO MORE. It has become those who have money, rich, wealthy are the ones who are allowed access to higher education. The middle class in this country have been constantly squeezed out. Now, if we can do something about college tuition and its continuing to escalate in cost, that would be mighty helpful to many families out here. Read more here on the student loan, pell grant program.

Dr. Jill Biden

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