In the event the children of the Great Society got students of the very own, the brand new government’s part from inside the student loans substantially changed

Significantly less than Chairman Richard Nixon, Congress stretched the applying during the 1972 by creating a quasi-political company – the newest Education loan Sales Organization, or Sallie Mae – to increase how much money readily available for student education loans. Sallie Mae try considered an enthusiastic enlightened extension out-of Johnson’s… Read more