Submitted by Alex Hamilton (not verified) on June 12, 2008 - 1:02pm.
Half of this is taken out of context or distorted. For example, the STAR Act was reprehensible legislation because it would have offered a financial inducements (in NAF-ese and Cuomo-ese, a kickback) to FFELP schools to switch loan programs, even though students would lose the benefit of FFELP's lower interest rates and fees.
It put schools in the position of putting the school's interests ahead of students.
Ax to grind
Half of this is taken out of context or distorted. For example, the STAR Act was reprehensible legislation because it would have offered a financial inducements (in NAF-ese and Cuomo-ese, a kickback) to FFELP schools to switch loan programs, even though students would lose the benefit of FFELP's lower interest rates and fees.
It put schools in the position of putting the school's interests ahead of students.