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Kansas State Student Confronts Bush on College Loans - Los Angeles Times

'); document.write(' '); document.write(''); document.write(''); } else if (!(navigator.appName && navigator.appName.indexOf("Netscape")>=0 && navigator.appVersion.indexOf("2.")>=0)){ document.write(''); } //--> During a question-and-answer session with students at Kansas State University, sophomore Tiffany Cooper asked, "Recently, $12.7 billion was cut from Education, and I was just wondering, you know, how is that supposed to help our futures?" "The Education budget was cut?" Bush responded. "Say it again. What was cut? At the federal level?" She repeated the question and clarified that she was referring to student loans. "Actually," Bush finally said, "I think what we did was reform the student-loan program. "We're not cutting money out of it. In other words, people aren't going to be cut off the program. We're just making sure it works better." Becky Timmons, director of government relations for the American Council on Education, said the president had it half-right. "When you take [$12.7 billion] out of the program, you can both hit the lenders and make students and parents pay a lot More when they repay their loans," she said. Student groups were unwilling to concede even that much. "The cuts will mostly come from charging higher interest rates to students and parents who are struggling with higher Education - More available

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