Opinions, reaction from Bush signing new student loan bill

President Bush ended up signing the new student loan bill. It is estimated to provide more than $20 billion in federal student aid, and some industry writers such as Ian Shapira, a Washington Post Staff Writer who writes about the bill: “… is being likened to the G.I. Bill, which helped millions of World War II veterans attend college.”
Opinions seems to vary amongst the ‘experts’ who write about such news events. I wondered if they actually have all the connections to facts about the student loan industry as a whole. What President Bush did was provide more federal money to students who will need it. A lot of money that will help a lot of people. This bill came from an investigation and reaction to a potential scandal that overturned some stones. Fines, etc were imposed. But I believe in looking forward and not back. Things happened, they were dealt with accordingly and laws have changed. Why suggest an Extra $20 billion dollars helping students is bad. Negativity is bad.
The fact of the matter is that the cost of college is increasing. There are more expenses that come with today’s education. Computers, travel, school supplies, projects (Film Students spend an average of $20,000 on their thesis projects.
Private student loans have emerged because of this. Compare lenders and take your time in applying. On our Private Student Loanspage, compare a listing of upstanding private loan lenders. Take your time and sit down with your parents. Explore your options.
Good luck to all!