Hi, Google messed up my handsome format, so here we are plain...think it relates to my content? Hmmm.
I have been watching the student loan issue. Very interesting from a leadership dynamic view. First you
give many loans and become the biggest gorilla doing so--the government, so you have more control. I recently spoke to a University CFO who could not invest in a higher-yield safer vehicle with his endowment because of the rules of student loans, so of course he had to raise tuition costs. Clearly Obama is going after the youth vote slipping away as they have much debt and cannot find jobs, so he is advocating lower interest rates....isn't that an interesting approach?
Question is: Once the authoritarian leadership play of taking over the loans and controlling that demographic has been put in place, how easily can he back out of it even if he wanted to? Rarely can authoritarian leaders do so, and only with huge inner re-gearing and apologies, then changing the dynamic. But these are the marks of collaborative leaders, not authoritarian leaders. Thus any apparent attempt to win over the students with loans is likely to be election window-dressing....time will tell.
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