EDWARDSVILLE, IL — Students will see increased Pell Grants and friendlier loan repayment terms as a result of an historic overhaul of the nations 45-year-old student loan program signed into law last week, US Senator Dick Durbin (D-IL) told students at Southern Illinois University Edwardsville today. The provisions included in the Health Care and Education Reconciliation bill force commercial banks out of the business of administering federally guaranteed student loans, ending a system dating back to 1965, which provided commercial banks like Sallie Mae guaranteed federal subsidies to lend money to students, with the government assuming nearly all the risk. As the largest originator of federally insured student loans, Sallie Mae flourished through the risk-free business of federal student loans, reporting a profit of 9 million in the last quarter of 2009 alone

Ron Paul sat down with Mike Church after Dr. Paul’s speech at the Republican Leadership Conference held in New Orleans, Louisiana. QUESTIONS ASKED of RON PAUL WHAT KIND OF REACTION DID YOU GET IN NEW HAMPSHIRE AFTER THE DEBATE? SENATOR LINDSAY GRAHAM SAID YESTERDAY THAT HE WANTS TO ASK THOSE WHO WANT TO WITHDRAW FROM AFGHANISTAN “HOW CAN YOU ALLOW THE TALIBAN TO COME BACK IN AFGHANISTAN AND IT NOT EVENTUALLY EFFECT OUR NATIONAL SECURITY?”, HOW DO YOU ANSWER SENATOR GRAHAM? GRAHAM ALSO SAID THIS “WE NEED TO HELP THOSE WHO WILL FIGHT THE TERRORISTS IN THEIR OWN BACKYARD THAT’S WHAT RONALD REAGAN WOULD HAVE DONE, THAT’S WHAT I WANT MY PARTY TO BE, THE PARTY THAT WILL DEFEAT RADICAL ISLAM AND STAND BY THOSE WHO WILL FIGHT THEM IN THEIR OWN BACKYARD” WE HEAR ABOUT ISRAEL BEING OUR STRONGEST ALLY IN THAT REGION, Question SHOULD WE HAVE OFFICIAL ALLIES IN THE MIDDLE EAST; WHAT ABOUT THE NATO ALLIES? AS PRESIDENT, YOU MOVE TO STABILIZE AND REBUILD OUR CURRENCY AT THE SAME TIME CHINA MOVES TO DEVALUE THEIRS, WHAT WOULD HAPPEN AND WHAT WOULD YOU DO? YOU WERE ONLY GIVEN 30 SECONDS TO ANSWER A QUESTION ABOUT ILLEGAL IMMIGRATION, WHAT IS THE PROPER WAY TO HANDLE THIS ISSUE? EXPLAIN TO FOLKS UNFAMILIAR WITH YOUR VIEWS WHY IT IS SO IMPORTANT TO END THE FED? SHOULD THE US END THE “WAR ON DRUGS”; WHY, and CAN YOU END IT AS PRESIDENT? MANY OF YOUR MOST ARDENT FANS ARE OF COLLEGE AGE WHAT DO YOU SAY TO THEM ABOUT FEDERALLY GUARANTEED STUDENT LOANS AND GRANTS? FINAL QUESTION, WHAT IS THE …
Video Rating: 4 / 5