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Student Loans

March 19, 1985

In all the furor over the President's budget, how is it that no one has brought to light the fact that many of these deadbeat college graduates took advantage of the student loan program and then reneged on their promise to repay the loans?

Any bank student loan officer can verify that the program has been an expensive experiment. It is obvious that "take the money and run" is the philosophy of these students, and of their parents, who are now crying "unfair!"

A welfare recipient, possibly a high-school dropout, at least took an honest approach to living off the taxpayers and did not assume that the government owed him/her an education.

This is a sad commentary on the attitudes and standards of the young people of this country. The taxpayers should not have to support such a program. There should be some way to foreclose or repossess the loans.

VALERIE PELL

Los Angeles

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