Student Loans And The Obama Administration
When it comes to making money and running things efficiently, the government does not have a good record. Other than waging war and the police force it manages, there are few things that are run well by the politicians in Washington or in each state. If it weren’t for the government’s ability to print money and tax us, it would have been out of business long ago.
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.
One of the most compelling reasons why this should not go through is that we would be giving the government more power than it already has. Our children’s fates would be in the hands of someone behind a desk in Washington who would be deciding which of our children get loans and thus which of them get to go to college. Is this really what we want?
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.
Would you like to find out about Obama moms back to school grants or loans? If you would please visit my website Obama Financial Aid to find out more.
categories: college,student loans,grants,money,politics
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