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Submission + - The Federal Government's Student-Loan Fraud (investors.com)

An anonymous reader writes: “President Obama had a great idea back in 2010: nationalize the student loan program, and its problems would soon go away. It didn’t happen. Instead, more people are refusing to pay their student loans than ever before. . . . By taking over the student loan program, Obama in essence politicized it. Last year on the campaign hustings, both Hillary Clinton and Bernie Sanders repeatedly talked about making college “free.” That is, they want to socialize the costs, but privatize the benefits, of a college education. Still surprised people aren’t paying their loans?”

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