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Ron Paul May Isolate Potential Supporters on Student Loan Programs

October 24, 2011 RSS Feed Print

Ron Paul continues down the purist's path as a libertarian. He sticks to his guns on policy even when it might disappoint some of his potential followers.

The latest example came when he said on NBC's Meet the Press that he favors phasing out student loan programs from the federal government as part of his overall deficit-reduction plan. This may make perfect sense for a libertarian like Paul who believes that Washington is becoming too powerful and that Americans need to rely more on themselves. But it might to hurt Paul in political terms, since many of his potential backers are college students who rely on those loans.

[Read: Ron Paul Continues His Controversial Comments.]

Paul said, "Just think of all this willingness to want to help every student get a college education. I went to school when we had none of those. I could work my way through college and medical school because it wasn't so expensive."

The Texas congressman, who is seeking the Republican presidential nomination, argues that the federal student loan program has led too many young people into debt at a time when jobs are scarce.

[See a roundup of cartoons about the 2012 presidential hopefuls.]

Overall, Paul continues to raise substantial amounts of money from his devoted followers. His latest "moneybomb"--a sustained period of fund-raising that ended last weekend--has brought in $2.5 million, largely from the Internet, according to Paul's website.

Tags:
student loans,
Ron Paul,
2012 presidential election,
Republican Party,
politics

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SOLUTION = GET RID OF PROPERTY TAX, IS ONLY ONE LAW NEEDED, FOR CURE FOR ALL ILLS IN ALL GOVERNMENTS, R CORRUPT. &CURE = NO PROPERTY TAX.

ANONYMOUS of NJ 9:52PM November 22, 2011

Ron Paul IS NOT ending student loans. Please view link....

http://www.ronpaul2012.com/2011/10/24/ron-paul-is-...

Read more: http://technorati.com/politics/article/ron-paul-wants-to-end-student/#ixzz1cHrnBMNi

SAN of CA 1:29PM October 30, 2011

Standard issue mainstream media response trying to take a position out of context. With a balanced budget, actual jobs, no more inflation, and good cost controls we wouldn't have any need for federal loans. The private sector would also be more likely to open up lending to students. Ultimately, it would be nice if no one had to take out enormous loans to fund their education.

It works out great for the banks. Enslaved to debt by the age of 18. Most American's need to wait until their late 20's to buy a house to be enslaved by bank debt.

James of WA 11:43PM October 25, 2011

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A longtime chief White House correspondent for U.S. News & World Report, Kenneth T. Walsh has covered five presidents beginning with Ronald Reagan. Along with other U.S. News writers, he continues to provide insight into the White House of Barack Obama and the world of presidential campaigns.

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