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A Small Proposal For Student Loans

Forbes - 18 Jun 2014 17:24
I am going to leave real estate for one post and comment on an issue that faces my own business: student loans.  I am sympathetic to Senator Elizabeth Warren's crusade to narrow the very high spread between student loan costs and Treasury Securities.  But while I very much admire Senator Warren's instincts and courage, I am not always crazy about how she does math.  She argues passionately that "the federal government is reaping profits from old student loans," while not dealing with the fact...
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