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jul 1, 2010 - FFELP Death

Description:

End of Federal Loan Program active since 1964. Obama wooed into belief that savings of 41bil could be realized. Fixed rates, guarantor system now decoupled from Federal student loans system. As share of Title IV funds drift disproportionately towards "McSchool" system which doles out worthless degrees, no return on student investment can be realized.

Added to timeline:

Date:

jul 1, 2010
Now
~ 15 years ago