Obama Student Loan Bailout Imposes Millennial Tax on Middle Class Families

Contributor Ryan Ellis writes:  The Department of Education has proposed a regulation which would quickly lead to a massive, multi-billion dollar default on millions of student loan balances. The tab for this massive bailout will be passed along to middle class families struggling to stay above water as it is. The bailout itself will be administered by a government agency which even Uncle Sam has said is not capable of such an undertaking.