RE: there it is (nm)
Posted on: October 4, 2022 at 20:31:36 CT
Tigrrrr!
MU
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M.O.B. Votes:
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"When FFEL borrowers consolidate their old loans into federal Direct Loans, these private banks essentially lose business. If these banks' financial health depends, at least in part, on the assumption that they would be holding and profiting from these debts over the long-term, then losing borrowers to Biden's debt relief plan could, possibly, constitute harm."
So Biden's idiotic plan would hurt those banks. I'm sure someone counseled him this was best. It made for a great sound bite.
Why are you stupid?