
Hey All-
We are bombarding the federal "negotiated rulemaking session" with comments this week. See Sunday's livestream. This is a largely useless bureaucratic exercise where they allow public comments, and reporters do read these comments, so its a nice party for us to crash. Don't be nice. Make them feel your pain. My comment is below.
Today's action:
- Do the Special Action. It takes less than 2 minutes.
This is your battle.
Regards,
Alan
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My comment:
The lending system is failed and finished.
-Suspend the lending program immediately, fund the colleges directly (at a reduced rate) until a new higher education funding model is created/implemented.
-Cancel all federally owned loans, stop opposing borrowers in bankruptcy court, tell Congress to pass S.2598.
-Apologize to the American people for the massive harms done to them by this unconstitutional lending scam.