Are you satisfied with the Federal Bank Monopoly? Why?
In the healthcare bill there is a Student Loan Takeover, Why?
Several dozen nonprofit firms will be eligible to receive no-bid servicing contracts on up to 100,000 student accounts for each firm.
California’s ALL Student Loan looks to be a big winner, thanks to language written by Representative George Miller of California.
ALL Student Loan may have helped its cause by retaining the services of Vincent Reusing, a lobbyist whom the Chronicle of Higher Education has described as a “personal friend” of Mr. Miller.
The nonprofit companies set to benefit from this reconciliation earmark clearly enjoy broad support in the Democratic caucus.
So, they aren't really SAVING money, they are changing WHO gets paid...
Answer by grlygrlz2 at 6:41 AM on Mar. 29, 2010
According to the CBO,increased spending on Pell grants envisioned under the legislation could cost $68 billion over 10 years, compared with the $38 billion foreseen by the administration.
The Pell program is expected to cost $32.3 billion in 2010, compared with $18 billion in 2008. The CBO expects that upswing will continue well into the decade.
Answer by grlygrlz2 at 6:52 AM on Mar. 29, 2010
Answer by tnmomofive at 8:06 AM on Mar. 29, 2010
Ahh yeah so money really isn't being saved..Miller just wants to spread the wealth around lol YUP..
He has to pay back those nonprofits who worked hard to get him elected... Funny how that works, ehhh.... Yet again, Democrats are FOR the people... NOT!
Answer by grlygrlz2 at 8:43 AM on Mar. 29, 2010
Wow, it sure is quiet in this question. Where are all of the HC supporters now?
So, grly, you are saying that in the HC bill, there is a provision to allow NO-BID contracts to be handed out?
I thought this administration was against no-bid contracts, weren't they?
Answer by QuinnMae at 9:13 AM on Mar. 29, 2010
Answer by tnmomofive at 9:16 AM on Mar. 29, 2010
Answer by grlygrlz2 at 9:23 AM on Mar. 29, 2010
Answer by soyousay at 9:28 AM on Mar. 29, 2010
Answer by itsmesteph11 at 9:38 AM on Mar. 29, 2010
Answer by mancosmomma at 9:43 AM on Mar. 29, 2010