Student Loans And The Obama Administration
The government does not have a good track record when it comes to doing business. While a case can be made that it does a good job of protecting our security, it is hard to make a case that they run our country with good fiscal policy. The only way the government survives its mistakes is by printing more money and taxing its citizens.
It used to be said that the post office did a good job but now they are losing money every quarter and having to raise their prices as a result. Even with the price of stamps going up, the post office still continues to operate in the red. Private competitors like Fed Ex and UPS are thriving and doing successfully what the post office once did.
With such a dismal business track record, the government is now proposing to completely take over the student loan industry in our country. Obama is seeking to remove student loans from the private business sector and have the government be 100% in charge of them. This is typical of people in the government believing that it can do a better job than the free market.
Besides the obvious question of why we should let this happen is another question about whether we want suits in Washington deciding which of our kids get loans and which ones don’t. Those students who don’t get loans are probably not going to be able to attend college and it is none of the governments business of who goes and who doesn’t. Our government is there to protect us and not to be our mother and father.
All people who live in America need to carefully consider our freedoms and how they are slowly being taken away from us. The government is there to serve us and not to dictate what happens in our lives. College loans are more important than ever with the price of college being so high and the decision of who does and does not get a loan should never be decided by the government.
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