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  • Kinsley's Picture

    To borrow from Kinsley, ''if you know anything at all about the federal student loan program,'' you will be shocked at just how misinformed he is. The government doesn't borrow the money that lenders turn around and lend to students. Lenders do--in the private capital markets. The government doesn't pay lenders 7 or 8 percent to make loans to ...
    Posted to Readme by Alex Hamilton on September 17, 2007