American Republic Online

The Democrat response to Bush's State of the Union was the same old thing: Bush lied, people died.  However, Webb did say something that stuck out to me: "tuition costs are off the charts."  And, as though it was their responsibility to do something about it, what are the Democrats proposing?  Making the student loan industry even more highly regulated.  They would have the interest rates on student loans lowered to below market levels.  Of course, lowering the interest rates will simply make tuition even higher, further compound the problem. (Perhaps the increase in the student loan industry is the cause of the higher tuition?)

Robert Novak tackles the new Democrat student loan bill, and points out that not only the changes not fully happen for over 4 years,  but it would cost $7 billion.  Neat!