Huh? Me no follow?
[FONT="]March 30, 2010 - President Obama will sign a bill today that ends a 45-year-old program under which banks and other private-sector lenders such as Sallie Mae receive a federal subsidy for making government-guaranteed college loans.[/FONT]
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[FONT="]Instead, the U.S. Department of Education - which already makes roughly a third of these loans through its direct-lending program - will make 100 percent of them starting July 1.Mute/Unmute Video
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https://www.sfgate.com/business/net...r-student-loan-program-from-banks-3193888.php
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