First the health care industry. Now with the changes being made to federal student loans, lots more young Americans are going to be carrying financial debt with the US of A as the lender. Awesome decision given the crapper the banking industry is already in. And it further expands big government. Blech.
I'm all for education, but our banks are hurting too much right now for another multi-billion dollar blow.
New rules streamline student loans, eliminate some pitfalls - USATODAY.com