from ABC News dot-com / "The Note" list serv included this background :
CAIN OPPOSES FEDERAL STUDENT AID. ABC’s Z. Byron Wolf catches this clip from Cain’s speech to an education conference in New York City yesterday: The day after President Obama said he’d be using executive authority to enable some students to refinance their loans, Herman Cain suggested to a forum on education that the federal government shouldn’t be involved at all. “I believe that if a state wants to help with college education, that they should do that,” Cain said. “Secondly, you have people living within communities within states that are willing to help fund those kinds of programs. So I do not believe that it is the responsibility of the federal government to help fund a college education because herein, our resources are limited and I believe that the best solution is the one closest to the problem. The people within the state, the people within the communities, ultimately, I believe, are the ones who have that responsibility.” Something on the order of 36 million Americans have federal student loan debt.
http://blogs.abcnews.com/thenote/abcnews.com/thenote/
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