Powerhouse student loan provider Sallie Mae says layoffs are imminent as a result of President Obama's new student loan overhaul.
My ThoughtsInstead of working with the student loan industry to make it easier for them to loan money, Congress specifically the Democrats and the Obama administration decided to take over student loans in order to fund parts of it health care programs.
By doing this, student loan companies will now start laying off employees. Thanks, guys!
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