{"id":192317,"date":"2009-04-14T17:54:00","date_gmt":"2009-04-14T22:54:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/04\/14\/obama-plan-to-nationalize-student-lending-meets-forces-of-evil\/"},"modified":"2009-04-14T17:54:00","modified_gmt":"2009-04-14T22:54:00","slug":"obama-plan-to-nationalize-student-lending-meets-forces-of-evil","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/04\/14\/obama-plan-to-nationalize-student-lending-meets-forces-of-evil\/","title":{"rendered":"Obama Plan to Nationalize Student Lending Meets Forces of Evil"},"content":{"rendered":"<p>Most notably <a href=\"http:\/\/www.nytimes.com\/2009\/04\/13\/us\/politics\/13student.html?partner=rss&amp;emc=rss&amp;pagewanted=all\">Sallie Mae<\/a>, which has a history of <a href=\"http:\/\/www.newamerica.net\/programs\/education_policy\/higher_ed_watch\/student_loan_scandal\">cheating students, bribing college financial aid officers, and contributing generously Congressional campaigns<\/a>.<\/p>\n<p>As <a href=\"http:\/\/yglesias.thinkprogress.org\/archives\/2009\/04\/sallie_mae_thinks_17_billion_a_year_in_giveaways_to_banks_is_a_good_job_creation_program.php\">Matthew Yglesias notes<\/a>, the college lending giant&#8217;s &#8220;compromise&#8221;, would waste $17 billion a year as compared to direct loans.<\/p>\n<p>Luckily, Obama can eliminate much of the fraud, waste, and abuse, by which I mean much of the private players in the student loan market, through executive orders, as well he should.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most notably Sallie Mae, which has a history of cheating students, bribing college financial aid officers, and contributing generously Congressional campaigns. As Matthew Yglesias notes, the college lending giant&#8217;s &#8220;compromise&#8221;, would waste $17 billion a year as compared to direct loans. Luckily, Obama can eliminate much of the fraud, waste, and abuse, by which I &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[998,970,968,1004,1020],"tags":[],"class_list":["post-192317","post","type-post","status-publish","format-standard","hentry","category-congress","category-corruption","category-education","category-finance","category-legislation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192317"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=192317"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192317\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=192317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=192317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=192317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}