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State using fed program to get Utahns student loans

Yup, queen nancy and the rest of the dems, completely oblivious to market forces, lowered the federal guarantee and lower the interest rate banks can charge on student loans in an effort to 'help' students. The banks took a look at the programs, said we can't make money doing this, and dropped out of the program. A lot of help queen nancy and the dems were.

Of course, queen nancy and her ilk will blame the 'greedy banks', but they forget that banks are for-profit businesses. People don't invest in bank stock to provide a public service, they do it to get a return on their investment. If the rules of a certain program (student loans, for example), don't allow banks to make a profit, banks employ their resources elsewhere.

Glad to see that this program is here, hopefully queen nancy won't screw this one up, too.

Get real - the banking industry is a fine example to use to explain corporate greed. Banks are not satisfied with a little profit, they are too greedy.

Banks won't make loans to students because they are trying to recover from their failed real estate loan fiasco.

But don't worry, CEO's won't go without, Bush won't let his cronies take the hit. Bush will let the taxpayers foot the bill.