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Originally Posted by StChrisCS
I think it's appropriate; the grandfather clause should be removed. The US Gov. shouldn't be providing loans to US Citizens that attend foreign schools.
From what I have read, the rate of default for loans that were used to fund the education of US citizens outside of the US was dramatically higher than that of US citizens that were educated inside the US. There is no reason to further burden our government, the tax payers, or the Stafford loan program with this issue. There are plenty of private loans through private corporations available to US citizens that want to attend schools outside of the US.
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Any U.S. citizen should be entitled to recieve the same funding regardless of where they attend school as long as the school is accredited...this is another prime example of the idiots in government trying to cut spending from a select group of people because they need to make up for their pork barrel spending....I will agree to the cuts when congress stops funding the building of rain forests, or aquariums in the Mid-west, or the 200,000. to Montana to research better methods of bovine sperm implantation....give me a freaking break will ya...or how about keeping military installations open irregardless the military saying they don't need it! Oh yeah, the government sure has it's priorities right! Or how about the billions of dollars we pour into Puerto Rico and don't get one bloody cent back in taxes! I'm glad to see you fighting on the side of people trying to better themselves, vice fighting for the so called political intelligencia...