This would save young Americans from going into crippling debt, but it would also make a university degree completely unaffordable for most. However, in the age of the Internet, that doesn’t mean they couldn’t get an education....
He was known for being very friendly to banks and credit card companies, as a Senator from Delaware would be inclined to be, considering that Delaware is home to many of those types of businesses.
Is it? Visa is in San Francisco, Discover is in Illinois, and Mastercard and Amex are in New York.
JPMorgan Chase, Citigroup, Goldman Sachs, and Morgan Stanley are in New York. Bank of America is in Charlotte. Wells Fargo is in San Francisco. Those are the nation's six largest banks. Delaware doesn't make an appearance until #94 on the biggest bank list.
Delaware is a popular state for essentially paperwork, due primarily to its efficient and well-established Chancery Court, but it's not really a major player in the banking industry. There aren't a many people or businesses in Delaware involved in banking beyond the local branch stuff in every community.
Americans, how would you feel about making student loans completely illegal?
This would save young Americans from going into crippling debt, but it would also make a university degree completely unaffordable for most. However, in the age of the Internet, that doesn’t mean they couldn’t get an education....