Claim: Would overhauling the student loan program really "jeopardize more than 30,000 private sector jobs," as claimed by those who oppose it? We find that figure to be a stretch. A widely quoted, independent expert says any job loss is likely to be much less, and that it's possible no jobs will be lost at all. The student-loan overhaul — under which the federal government would become the sole lender, ending the role of banks and other private sector lenders in this government program —
Fact-check: Student Lenders' Slippery Jobs Numbers - FactCheck.org
Verdict: would overhauling the student loan program really "jeopardize more than 30,000 private sector jobs," as claimed by those who oppose it? we find that figure to be a stretch. a widely quoted, independent expert says any job loss is likely to be much less, and that it's possible no jobs will be lost at all. the student-loan overhaul — under which the federal government would become the sole lender, ending the role of banks and other private sector lenders in this government program —
Organisation: FactCheck.org
Author: Viveca Novak
Date published: 2010-03-25T19:04:29