Despite heated warnings to the contrary, Koxville-based companies Edfinancial and Edamerica will survive and won’t be laying off hordes of employees.
Tony Hollin, chairman and CEO of both companies, said so. It’s right there in today’s News Sentinel story.
President Obama on Tuesday signed a law that ended the Federal Family Education Loan program in favor of direct government lending.
It should be noted that Edfinancial’s headquarters did not implode and employees did not run screaming for the unemployment office when the president signed the bill.