Posted by
Always To The Right on Saturday, November 08, 2008 2:10:02 PM
Interesting that he suddenly decided to slap a number on the program, too. Read Tom Blumer
for a back-of-the-envelope analysis of what it could cost and what kind
of bureaucracy, potentially, we’re looking at here. The feds already
oversee millions of student loans so there’s presumably plenty of
institutional knowledge already available to phase this in. Exit
question: Why the sudden turnaround? Had they really not thought this
through before putting it online, or do they have no real intention of
making it happen and are happy to play with the rhetorical particulars
so long as it keeps people off their backs?