Richard Vedder Comments

Richard Vedder gives 3 reasons why he doesn't like Obama's student loan takeover bill in this National Review Online post.

First, he violated basic tenets of representative democracy by tying otherwise politically unattainable education changes to the health-care bill.

Second, the bill’s student loan provisions will not save the $68 billion promised, and will move the country closer to a European-style socialism that has brought that continent stagnation.

Third, the bill proceeds from a false premise.