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Reader's view: Government takeover of student loans a power grab

April 15 will be here soon. As you attempt to navigate the catalog that is now the IRS 1040 form, you might want to ponder some new changes. Unbeknownst to many, included in the health care "fix" is what I see as the federal takeover of the stude...

April 15 will be here soon. As you attempt to navigate the catalog that is now the IRS 1040 form, you might want to ponder some new changes.

Unbeknownst to many, included in the health care "fix" is what I see as the federal takeover of the student-loan industry. Forget for a moment how such a significant act could happen without much of the public being aware. Instead, consider how much more power the IRS could have in your life. Already, the Internal Revenue Service snoops through your tax forms looking for proof you purchased health insurance and fining you if you didn't. With the possibility of the feds servicing loans it is not inconceivable the IRS would handle loan repayments as well. It's possible you won't have to worry about those pesky bills. They could just remove it from your return -- if you ever get one again.

In addition, private-sector employees who used to service loans could become public sector, with wages and benefit packages worth far more. Sweet for employees, not employers, which is you, the taxpayer.

How much of the economy do you want the federal government to control? If you don't know, you better start thinking about it. Better yet, do a Google search on Greece and see what happens when a huge part of the economy is employed by the government and the employees are not happy.

Liz Ames

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Sturgeon Lake, Minn.

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