Student loan giant lends support to Democrats for a change

The Politico reports:

Early last December, Sallie Mae executives confronted a daunting problem. One of their big investments had gone bad. Not real estate, nor bonds, but the Republican majority in Congress.

For years, the student loan giant's political action committee contributed most of its money to Republicans -- counting on the champions of free enterprise to protect the company's role in the huge student loan program in the face of Democratic efforts to convert it to a government-run operation.

The fascist element in American higher education.