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State using fed program to get Utahns student loans
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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.
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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.