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Posted: Saturday, 15 November 2008 7:16AM

Students Want to be Bailed Out of their School Loans



by KYW’s Hadas Kuznits

The economy is impacting students -- and they want financial help, too.

The Students for a Democratic Society say they're going into debt, and they want a bailout just like the banks.

"The price of school just keeps going up and up. Especially in public universities, it's really unaffordable."

Drew University alumni Robin Markle says that's why they protested in front of the Board of Education offices:

"It's really disgusting that the US is spending so much money on war -- they just spent so much money to bail out banks. Sallie Mae is one of the companies that they bailed out. Sallie Mae controls $125 billion worth of student debt and the government just bailed them out for $85 billion. They could've just given that money right to students and bailed us out.”

Jeff Rousset is a Drexel University alum:

"By the time I'm finished paying back my student loans, my education will have cost me twice as much because of high interest rates."
 


 
 
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