Lobbying Imperils Overhaul of Student Loans - NYTimes.com

The student loan industry, which would be forced out of the loan origination business if the proposal became law, is seeking to cast the administration’s plan as an ill-conceived government takeover that could put thousands of people out of work at private lending centers around the country at a time when unemployment is hovering around 10 percent.

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Tags: no we can't, student loans, corporate power, Congress, lobbying