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09-27-2008, 02:43 AM #1
Leave Student Loans Out of Bail Out Package - E-mail.
[quote]From: "Alan Collinge (StudentLoanJustice.org)" <justice@studentloanjustice.org> Add to Address BookAdd to Address Book Add Mobile Alert
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Subject: **private September 26th
Date: Fri, 26 Sep 2008 20:27:07 -0700
This could be important for private loan borrowers.
September 26, 2008
Students to Secretary Paulson: Bail Out Distressed Borrowers, Not Banks
Washington — With talks over a $700-billion bailout package for the financial sector expected to continue into the weekend, a group of student and consumer advocates is asking lawmakers to leave student loans out of the plan.
In a letter sent to lawmakers leading the negotiations with Treasury Secretary Henry M. Paulson Jr. and other officials, the groups argue that using taxpayer money to purchase the assets of student-loan companies would be “hasty and ill-conceived.â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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