Yes! And privatize student loans too! (Or at least require colleges to give loan guarantees for them.)
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How'd that work last time?
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Mnuchin wins
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It’s time to privatize public assets in order to protect the public. -Albert Fairfax II
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This removes $6T in guarantee liabilities from the federal government's balance sheet and places the risk back on shareholders who have repaid the federal government, in full, with a 10% return from the "bailout". Everybody wins here. This is a great move the industry needs.
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It happens to be a big Democrat piggy bank... so ya... good idea.
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