https://www.bloomberg.com/news/articles/2017-05-19/americans-are-paying-38-to-collect-1-of-student-debt
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The Trump administration is returning the student loan business back to the banks and private lending companies where it belongs. Once this happens ECMC and companies like them will be OUT OF BUSINESS. ECM's lucrative Ponzi scheme will finally come to and end. Obama ain't yo Mama no mo.
This can't be true. Please tell me it isn't.