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STUDENT LOAN PROFITS
Student Loan Borrowers' Costs To Jump, Department Of Ed. Reaps Huge Profit
The U.S. Department of Education is forecast to generate $127 billion in profit over the next decade from lending to college students and their families, according to the Congressional Budget Office. Shahien Nasiripour joins HuffPost Live to discuss.
Student Loan Borrowers' Costs To Jump As Education Department Reaps Huge Profit
“This is a profit-making machine for the Education Department,” said Chris Hicks, who leads the Debt-Free Future campaign
How Important Are Student Loans To The Education Budget?
The U.S. Department of Ed. says it has been working to help borrowers who are struggling under the weight of crushing student loan debt.
Federal Student Loan Profits Help Duncan Cut Education Spending To Lowest Level Since 2001
But the accounting move has been embraced by the Obama administration, most notably in the White House’s budget for the 2013
Education Department Books Student Loan Profit
But a subsequent revision by the Treasury shows that the figure was incorrect. As a result of the incorrect figure, The Huffington
Obama's Student Loan Profit Guaranteed As Senate Approves Deal
“Students, in essence, are subsidizing the government,” Sen. Sherrod Brown (D-Ohio) said. Sen. Barbara Boxer (D-Calif.) said
Elizabeth Warren: Student Loan Profits 'Morally Wrong'
Interest rates on financial products ranging from home mortgages and car loans to corporate bonds and bank loans to businesses
Obama Student Loan Policy Generates $51 Billion Profit, Causing Democrats To Lash Out
Two members of the Senate banking committee on Wednesday criticized excess government profits generated off loans made to
Obama Student Loan Policy Reaping $51 Billion Profit
The new profit prediction comes as Washington policymakers increasingly focus on soaring student debt levels and the record
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