July 17th, 2013
10:52 PM ET
9 years ago
Tentative deal reached on Senate student loans package
Washington (CNN) - A bipartisan group of senators reached a tentative agreement on a student loans package Wednesday night, multiple aides from each party said.
Sen. Tom Harkin, Democratic chairman of the committee that oversees federal education programs, agreed to the deal, one of those sources close to the negotiations told CNN.
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The middle class is doomed in the US. The rich are enslaving the middle class through debt and low wages and expensive education so that they cannot rise up in our class system. Class is America's dirty little secret.
The federal government has absolutely no business being in the student loan business. This is just one more way for politicians to interfere in everybody's life and use this hook as a means of garnering political support. Soon there will be calls to forgive loans and the tax payers will be stuck with the bill, as usual. This huge pot of gold for the colleges and universities has driven the costs of college through the roof and left students holding massive debt with degrees that are all to often worthless.