$1 Trillion Student Loan Bailout Proposed

A possible $1 trillion bailout is coming—and soon.

America’s now-nationalized student loan industry just reached a value of $1 trillion, according to Citigroup, growing at a 20 percent-per-year pace. Since President Obama nationalized the industry (a tacked-on provision of the Obamacare bill), tuition has gone up 25 percent and the three-year default rate is at a record 13.4 percent.

reagancoalition.com

  • Jeremy Klapprott

    Yeah but it’s okay to bail out Giant banks, car companies, insurance companies though…

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