Daily Caller: Democratic California Rep. Maxine Waters challenged bank
executives during a Wednesday morning hearing, appearing to blame them
for the student debt crisis.
What she appeared to leave out was the fact that student loans were
nationalized nearly a decade ago under former President Barack Obama to
cut banks’ ability to offer government-backed loans.
“By cutting out the middleman, we’ll save the American taxpayers $68
billion in the coming years,” Obama said when he signed the legislation
in 2010.
Nine years later, there is no denying that Barack had no clue about solutions to the student loan crisis.
No comments:
Post a Comment