{"id":192736,"date":"2009-02-27T00:10:00","date_gmt":"2009-02-27T05:10:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/02\/27\/good-news-on-student-loans\/"},"modified":"2009-02-27T00:10:00","modified_gmt":"2009-02-27T05:10:00","slug":"good-news-on-student-loans","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/02\/27\/good-news-on-student-loans\/","title":{"rendered":"Good News on Student Loans"},"content":{"rendered":"<p>We have some change we can believe in, <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601110&amp;sid=ailczczfffuk\">Obama is calling for an end to federal subsidies to private student loan providers<\/a>.<\/p>\n<p>Seeing as how the private system has resulted in:<\/p>\n<ul>\n<li>Higher costs to borrowers.<\/li>\n<li>Higher costs to the federal government.<\/li>\n<li>Corruption in the financial aid departments of universities.<\/li>\n<\/ul>\n<p>It makes a lot of sense to stop subsidizing providers of an inferior service.<\/p>\n<p>Obama would use the money saved for Pell Grants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We have some change we can believe in, Obama is calling for an end to federal subsidies to private student loan providers. Seeing as how the private system has resulted in: Higher costs to borrowers. Higher costs to the federal government. Corruption in the financial aid departments of universities. It makes a lot of sense &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1038,968,1020,985],"tags":[],"class_list":["post-192736","post","type-post","status-publish","format-standard","hentry","category-budget","category-education","category-legislation","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192736"}],"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=192736"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192736\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=192736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=192736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=192736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}