by Veronica Natal | Staff Writer| Ron Paul, Republican contender for the 2012 presidential candidacy, announced Oct. 23 he would end all federal student loans if he were elected, according to the California State University’s (CSU) web site. Two days after Paul’s announcement, President Barrack Obama’s administration announced plans to try to expand a government program that will help the 1.2 million borrowers reduce their payments and consolidate their student debt, as reported in the LA Times. Paul said his reason for his plan is because the nation’s student loan debt is approaching $1 trillion dollars. Paul said on NBC’s “Meet the Press” that students aren’t getting any jobs and … [Read more...] about Presidential candidate proposes to cease federal aid
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