Thursday, March 11, 2010

Things are bad? Let's make them worse

A look at the federal takeover of the student loan business, highlighting an op-ed by Sen. Lamar Alexander.
DOE plans to borrow from the Fed at a 2.8 percent interest rate, lend to students at 6.8, and splurge with the difference with a massive new spending program.
h/t Instapundit

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