We inform you of Feds book billions in education loan earnings

Education Secretary Arne Duncan talks at Malcolm X Elementary class in Washington. (Photo: Susan Walsh, AP)

Tale Shows

  • The federal government education loan profit falls behind amounts of just two major businesses: Exxon Mobil and Apple
  • Quotes reveal significantly more than $1.2 trillion in education loan financial obligation over the country
  • Come july 1st, Congress needed a research regarding the real price of the student that is federal programs

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The us government made sufficient cash on student education loans throughout the last 12 months that, if it desired, it may offer maximum-level Pell Grants of $5,645 to 7.3 million university students. Continue reading

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