About a week ago, I wrote about how the government recently made $50 billion off student loans, arguing that given the $1 trillion in debt held by students already, this large a profit was wrong. While I didn’t mention it in the article, the implication of my argument was that student interest rates should be … Continue reading
Tag Archives: student loan debt
The Government is Making Money Off Students; Is that a Good Thing?
The last thing anyone expects the government to do is make money. Every day congressional lawmakers lament budget deficits, and the inability of the federal government to cover its spending with tax revenue is a perennial issue. But while Washington continues to struggle with the debt, there are a few government-affiliated organizations that are actually … Continue reading
You must be logged in to post a comment.