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News@lemmy.worldEnglish · 4 days ago

Warren urges Trump administration to 'immediately cease' student loan selloff plans

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Warren urges Trump administration to 'immediately cease' student loan selloff plans

Sunflier@lemmy.world to

News@lemmy.worldEnglish · 4 days ago

4

Sen. Elizabeth Warren is attempting to stop the reported selloff of the $1.6 trillion student loan portfolio to private companies.

Isn’t the selling of the government’s financial assets/obligations something for Congress to decide? It’d be one thing if it were servicing the loans, but a complete transfer of ownership?

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4 days ago
I wonder if courts would uphold the provisions against discharge through bankruptcy after this. Probably but I feel like they shouldn’t.

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