Page 52 - Student Loan Program News Today

Were sending $60 billion to banks and lendsers as middle men for the student loan program, though the loans were guaranteed. so there was no risk for the banks or lenders, but they were taking billions out of the system. we said, why not cut out the middle man and as a consequence, we have provided millions more student assistance, lower or keep low interest rates on student loans and this is an example of where our priorities make a difference. governor romney -- i genuinely believe cares about...

Things that i did as president was we were sending $60 billion to banks and lenders as middle men for the student loan program. even though the loans were guaranteed, so there was no risks for the banks or the lenders, but they were taking billions out of the system and we said why not cut out the middle men and as a convince what weve been able to do is provide millions more students assistance, lower or keep low interest rates on student loans. and this is an example of where our priorities ma...

Result of government going out there and training people to be programmers and things like that. no one trained people in the 50s to go out and do all of these jobs that spurred the economy. if you look at history, look, i would be all for, great government spending run up the debt if it worked. theres no track record of this working at all. >> you know, were going to-- the problem, the manufacturing jobs, that isnt necessarily jobs we want back in this the country. but were losing the tech jobs...

morning. >> good morning, soledad, new video into cnn, homes entirely up in flames overnight in colorado, colorado springs. 32,000 people are on the run. the fire now roaring and unchecked and spread to 6200 acres and only 5% contained. the largest of the fires in that state is the high park fire, burning since june 9th. that fire has destroyed 257 homes, just epic fires in colorado. the only way back home by boat, debby now downgraded to a tropical depression, but still dumping a dang...

conference, and this will show you how important the latino vote will be in november. the polls show that president obama has a huge lead over mitt romney, and 66% to 24%. but here in florida the president is tight with his lead over romney where he trailed by 12 points. in romneys speech today and i want to bring in the panelists here, jim acosta who is inside, and we will go to him later, and juan carlos and also the executive president of naleo, and i want to start off with u you, j...

good evening. in mexico, president obama just finished a major news conference after meeting with president hu jintao of china. the conclusion of the g-20 summit. some of the biggest questions were about the economy. >> if fewer folks are buying stuff in paris or berlin, that means that were selling less stuff made in pittsburgh or cleveland. >> president obama had a lot more to say about the global economy. meanwhile, more breaking news tonight from egypt. crowds swarming around tahri...

what she knew and what it means for the case. and only in america, new yorks pizza deliveries from outer space. this is "piers morgan tonight." good evening. in mexico, president obama just finished a major news conference after meeting with president hu jintao of china. the conclusion of the g-20 summit. some of the biggest questions were about the economy. >> if fewer folks are buying stuff in paris or berlin, that means that were selling less stuff made in pittsburgh or clevelan...

the accused penn state coachs wife takes the stand. what she knew and what it means for the case. and only in america, new yorks pizza deliveries from outer space. this is "piers morgan tonight." good evening. in mexico, president obama just finished a major news conference after meeting with president hu jintao of china. the conclusion of the g-20 summit. some of the biggest questions were about the economy. >> if fewer folks are buying stuff in paris or berlin, that means that we...

Democrats at the time, who were the majority, and the president took over the student loan program. it used to be run through private banks, where they originated and serviced those loans and the government guaranteed it. now that the government is in this business, were having all these problems that are created by that takeover. jenna: lets focus on what lies ahead and how to maybe fix some of these issues. some suggest providing loans and backing them actually makes colleges less affordable. ...

Does, it affects one third of all government loans out there and of course there are a lot of students who get loans -- continue to get loans through private lenders. but the cost of college education continues to go up, and what were seeing, i think, is a result of a lot of the polices coming out of washington, d.c. is states are now having to pay more to cover the medicaid costs that are being handed to them by the federal government, and, therefore, they have less to put into higher ed, so we...