College Debt Explodes, Senate Fiddles

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"For almost two decades, we've been trying to fix a sweetheart deal in federal law that essentially gave billions of dollars to banks to act as unnecessary middlemen in administering student loans,"

Come on, he's right here.
Mostly, what so-called conservative buffoons term the free market is just a private firm -possibly appointed on the biased ground of political allegiance and connections- hogging state subsidies that ought NOT to be there to start with: what a joke.
In fact, what constitutes the biggest share of for-profit schools' income?
Public subsidies of one form or another, hogged by enrolling the stereotypical single mom of color, the Hispanic middle school dropout and their friends who -according to the conservative pipe dream- ought to have been filtered through more rigorous testing or something.
So deep down you get public subsidies, which YOU pay for, with fabulous lefties and righties haggling over whose friends get the biggest bite.
PFFT!