President Obama’s Legacy on Student Loans

obamabarack_042516getty

When he announced his candidacy in 2007, Barack Obama looked like he could be the one to finally stand up to the student lending system.  He was one of only two members on the Senate Health, Education, Labor and Pensions (HELP) committee not to have taken money from the Sallie Mae PAC.  In this position he was privy to HELP Committee  and other reports detailing a broad swath of illegal and deceptive activities by the lenders, the universities, and even the Department of Education…

http://thehill.com/blogs/congress-blog/education/279512-president-obamas-horrible-terrible-legacy-on-student-loans

Advertisements