When 40% of borrowers stop paying back their student loans, it becomes the banks problem.

Citizen Watch Report ^

[libertylover]

I thought the government took over the loans and cut out the banks.

[Gideon7]

In 2009 Obama placed student loans in the hands of the federal government. There’s nothing in the constitution for this, people voting do not think of the constitution therefore we have consequent such

I digress

The feds had the green light to pour money into colleges and universities unregulated. UNREGULATED The colleges and universities took it. They had zero incentive to lower or maintain tuition rates. The administrations grew in personnel and in taking in money

In the middle were and are students 17 and 18 years old signing for this s show with their stoopid gullible parents allowing this takeover

"Psst, hey kid, have a taste, it's free. No payback until graduation. Do you like it? I can get you more where that came from."

"So how about extra money for goodies like video games and Steam, uh, I mean living expenses? You gotta live, right? And remember it's all free!"

"And if you drop out, we won't tell your parents [FERPA regulations]. We won't even confirm if you are enrolled or not. Then you can spend it all yourself for 2-4 years! Those suckers co-signed your loan so they are on the hook anyway."

"Kid, welcome to Moolah U!"

[GOPJ]

Biden rewards deadbeat 'students', criminals, people who break into our country, and corrupt totalitarian dictators like Zelenskyy.

These issues needs to be front and center...

Biden offers nothing for responsible students who pay back their loans, nothing for law biding citizens, nothing for people waiting on lists for decades to become US citizens. and the back of his ugly hand for democracies like Israel and elected leaders like Netanyahu. And China - Biden gives the store to them - the whole lower cost EV market... and China will reward Biden by allowing him to 'look tough' in front of the world dealing with a China crisis - all fake.