Just had a conference call with the leader Of Wells Fargo EFS (student loans)... No loans for new customers.... AKA no growth..... AKA find a new position.... layoffs will hit in September for the department!
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Didn’t we get the memo that student loans were taken over by the federal government in the 2010 Affordable Health Care Act? I know that Maxine Waters embarrassed herself by demanding to know what Wells was doing about student loan rates in 2018, but she is always clueless. Did we actually keep that department open?
So does this mean we can stop pretending we care about financial education for teens?