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Elon Musk says Department of Education no longer ‘exists’
(www.msnbc.com)
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this post was submitted on 08 Feb 2025
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politics
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Great so now they can privatize student loans. I was going to go back to school at age 40 and get my bachelors degree
I hope this is /s
The interest rate on those private loans are going to be much higher and more difficult to obtain than the government backed ones
Exactly I wonder how much higher they’ll be and if they will basically make college only affordable for those who are super rich and needs loans and I’m sure there will be a sharp decline in college admissions which is what the super rich want. Keep the poor and middle class uneducated and fighting with each other
The whole idea here is to rapidly accelerate the decline of the US so the techbros can take over and create the own self described utopia where poor people live in debtor prisons and the rich are treated like gods
In Canada they closed that loophole in the 90's