Duncan: Students, not banks, on ED’s agenda

U.S. Education (ED) Secretary Arne Duncan told eCampus News on June 12 he will work with private lending companies as the Obama Administration pushes for a direct federal student loan system, adding that he will not compromise in extending college money to low-income students or in bolstering the nation's college-completion rate.

"I just think we should be in the business of investing in students and not in subsidizing banks," said Duncan,
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