2/16/2010

The Student Aid and Fiscal Responsibility Act would make more federal money available to college students, but opponents of the legislation say it would be expensive for taxpayers and a "setback for students." "Bankers don't think it's a good idea; they believe it creates a government monopoly," said Harrison Wadsworth, who represents the Consumer Bankers Association. "They also question the amount of savings that are claimed to be generated by the legislation."

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