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Student loans

April 30, 2010

I could comment about the takeover of student loans… in the Obamacare bill!

Obama’s Student Loan Takeover Adds $52 Billion to Deficit According to ‘Fair Value’ Accounting, Says CBO Ouch!

Sallie Mae Blames 2,500 Layoffs on Obama’s Student Loan Overhaul

Powerhouse student loan provider Sallie Mae says layoffs are imminent as a result of President Obama’s new student loan overhaul.

“This legislation will force Sallie Mae to reduce our 8,600-person workforce by 2,500,” Conwey Casillas, Vice President of Sallie Mae Public Affairs, said in a statement to Fox News.

(Add that to GM, Chrysler AIG, healthcare…)

Was it supposed to be hidden in the 2700 pages of legalese?

More to come.

That said, Greetings to Lenny!

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