skews13
Diamond Member
- Mar 18, 2017
- 9,821
- 12,528
For the history. Back in the 1990s, when the Newt Gingrich caucus won back control of the House and Senate from the Democrats, one of the first major policies that they demanded was to undo the ‘93 student loan reform bill, and make the student loan industry into a ‘’free market.’’ What that really meant was that Republicans as well as their big-money donors in the loan industry were angry that the Clinton administration was by-passing private lenders through direct federal lending. How were they supposed to achieve this ambitious goal of getting the government out of the way?
How free-market policies worsened the student loan debt crisis
How free-market policies worsened the student loan debt crisis