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| Permalink View Article Stats How Bush stole $2000 from every student loan recipient Quicklink submitted by Gustav Wynn (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| Loopholes in non-profit status result in decadent wealth for student loan industry execs. On Dec 21, 2005 Cheney's tiebreaking vote cost student borrowers an average $2000 in extra debt by allowing Bush to make the largest ever cut in student aid while continuing to guarantee loans for billionaire lenders. Read how Educap's founder made $150 million in profit from a 'non-profit' but is still nowhere near the CEO of Sallie Mae. |
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