Fox Host Horribly Uneducated On Student Loans
Fox Business host Stuart Varney misleadingly claimed federal student loans are subsidized "at great cost to taxpayers," ignoring the fact that the Congressional Budget Office (CBO) projects that the federal student loan program will contribute more than $50 billion in revenue to the Treasury in 2013 alone.
Varney appeared on Fox & Friends July 18 to discuss a deal reached by a bipartisan group of senators to avert a short-term hike in the interest rates students pay for federally-subsidized loans...
Read More At:
http://mediamatters.org/blog/2013/07/18/foxs-stuart-varney-misleadingly-claims-subsidiz/194953
Clip from the Thursday, July 18th 2013 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 5-7pm Eastern.
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