Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.
  • Kbin_space_program@kbin.social
    141·
    1 year ago

    Because the corporations that own the private colleges and universities that overcharge on tuition also are the ones that hand out student loans.

    They stand to lose billions of dollars in predatory profit if they can’t collect interest on student loans.

    • WindyRebel@lemmy.world
      4·
      1 year ago

      If only there were some loopholes to close and a way to take a little cash from assets that never ever get sold…