Trump Vows To End ‘Student Loans Scam’

Saturday, January 28, 2017
By Paul Martin

by Sean Adl-Tabatabai
January 28, 2017

President Trump has slammed the previous administration for “profiteering” on student loans, and has vowed to end the “student loans scam”.

In an interview with The Hill, Trump laid the blame on the student loan crisis firmly on the shoulders of the federal government – which he says will come to an end on his watch.

“That’s probably one of the only things the government shouldn’t make money off. I think it’s terrible that one of the only profit centers we have is student loans,” he said. reports:

Trump Student Loan Forgiveness

Trump also discussed how he would help solve the student loan problem by creating jobs in the private sector.

“I don’t want to raise the minimum wage. I want to create jobs so people can get much more than that, so they can get five times what the minimum wage is,” said Trump.

While this is a long-term solution, Trump offered no information on what he would do immediately to help reduce the burden of student loans for millions of borrowers. Specifically, he has not given any information on what will happen with the Student Loan Forgiveness programs that are currently offered by the Department of Education.

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