It sure isn't going to the kids!
So what is the federal budget now, anyway?
Money for FOREIGN ARMIES, OCCUPATIONS, WAR-PROFITEERING CONTRACTORS and ISRAEL, huh?
"Authority will stop offering federal student loans July 1"
"The nonprofit Massachusetts Educational Financing Authority, which provides student loans, said yesterday that on July 1 it will stop offering federal student loans.
That will affect thousands of Massachusetts students: MEFA made federal loans to 14,700 in the current school year.
The authority, which uses state tax dollars to make student loans, has about $300 million in federal loans on its books, including Stafford and Plus loans, out of a total $1.5 billion. The other $1.2 billion are private loans.
"Because of the unprecedented disruptions in the capital markets, it really has prevented us from securing funds for our [federal loan] program," said Thomas Graf, MEFA's executive director...."
Nice to know the kids are getting screwed while richers make out like bandits (see below post)!!!I think I'm going to stop now, readers, because the overnight preview of these shit rags -- especially the agenda-pushing by the Boston Globe -- is getting to me.
I'm just so sick of shit lies, readers, I can no longer stand it!
