Obama’s student-loan program $22 billion in the hole for FY2015

Wow! In 2008 the whole student loan program cost the Feds 500 million and today it is 22 billion in the hole. Can we say having the Feds take it over did not work? Also, if the universities that got the money were on the hook for half think this would happen?

http://hotair.com/archives/2015/02/05/obamas-student-loan-program-22-billion-in-the-hole-for-fy2015/

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Obama’s student-loan program $22 billion in the hole for FY2015

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