Democratic politicians often claim that the federal government makes a profit on student loans. However, the latest release from the Congressional Budget Office (CBO) shows that the truth of that assertion depends on how you slice the numbers. Using fair-value accounting, which incorporates the big risks that taxpayers take when [...]
Federal Student Loans Will Cost Taxpayers $170 Billion
Preston Cooper, Contributor, Forbes
Sun, 04/10/2016 - 6:00pm
BING NEWS:
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The following editorial appeared in The Wall Street Journal. It does not necessarily reflect the opinion of The Tribune-Democrat.
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