[comebacknewt]

I have to admit it is going to be kind of fun watching some of these idol-worshiping college kids get screwed over by the administration they helped bring into office.

No way the federal government will be able to efficiently handle all those loans. No way.

Too bad the good kids and the taxpayers have to suffer through it too though.

[Blood of Tyrants]

This is nothing but a bill to grab more power for the federal government and add new unionized employees to the payroll.

[headstamp 2]

“No way the federal government will be able to efficiently handle all those loans. No way”

They won’t be “loans” for long. The program will slowly morph into a mismanaged and bankrupt govt welfare boondoggle entitlement that constantly has money thrown at it by Congress.

See also Fannie Mae and Freddie Mac.