Putting industry insiders in charge of the agencies that govern and regulate the very industries they worked for is a good idea...Why?
Oversight of government is a bad idea...Says who?
"The Department of Education has been run as a wholly owned subsidiary of the loan industry under this administration," said Barmak Nassirian, a longtime advocate for industry reform at the American Association of Collegiate Registrars and Admissions Officers. "They are running the federal loan program for the profit of their friends and not for the benefit of students and taxpayers."
All it took to open this administration up to the light of day was for someone to ask a question, any question.
What will the next scandal be?
Source: Warnings On Student Lenders Unheeded - washingtonpost.com
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