Letter: Opposition to student loan reform is wrong
To the editor,
How many times can our Congressman, John Kline, cry wolf before we stop believing? He has now come out against student loan reform that would save $67 billion in taxpayer money over 10 years by taking the middleman (banks that mark up the loans) out of the transaction. The money could be used to help more young people get a college education and become productive members of society.
Mr. Kline's reason for opposition? The change would amount to a government takeover of student aid, he claims. This is simply scare-mongering. Banks are fighting the change because they will lose easy public money. Mr. Kline should make clear who has his ear on issues like this. Clearly, potential college students in our area are less important to him than those special interests.