Bicameral letter warns that “sale would be a giveaway to wealthy insiders at the expense of working-class borrowers and taxpayers.”
“Time and again, the Trump Administration has put the interests of well-connected, wealthy insiders ahead of working families.”
WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07), along with Senators Elizabeth Warren (D-MA) and Bernie Sanders (I-VT), led 41 of their colleagues in a letter urging Secretary of Education Linda McMahon and Secretary of the Treasury Scott Bessent to immediately end any plans to sell or transfer the federal student loan portfolio to the private market.
“Let’s be clear: This sale would be a giveaway to wealthy…