That’s why we’ve put an end to the wasteful subsidies to big banks that provide student loans.

正因为此，我们取消了向提供学生贷款的大银行发放的奢侈补贴。

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Flowers moved to abort its bid to buy Sallie Mae due to the imminent passage of a House bill curtailing federal student loan subsidies.

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It would cut farm subsidies, Medicare, student aid, housing subsidies for the poor, and funding for community development grants.

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By the federal government guaranteeing every student loan through subsidies and underwriting, there is no downward competitive pressure on reducing tuition prices as the number of entering students will increase.

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