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<blockquote data-quote="newfie" data-source="post: 1962304" data-attributes="member: 58700"><p>Washington post article and quote from it:</p><p></p><p><a href="https://www.washingtonpost.com/news/wonk/wp/2013/05/20/no-the-federal-government-does-not-profit-off-student-loans/" target="_blank">https://www.washingtonpost.com/news/wonk/wp/2013/05/20/no-the-federal-government-does-not-profit-off-student-loans/</a></p><p></p><p>"But just about all these plans have one feature in common: they set the interest rate on student loans below the market rate. And because they're below the market rate, that costs the federal government money. Contrary to popular belief, and many a breathless article, the government does not, in fact, book a profit on student loans."</p></blockquote><p></p>
[QUOTE="newfie, post: 1962304, member: 58700"] Washington post article and quote from it: [URL]https://www.washingtonpost.com/news/wonk/wp/2013/05/20/no-the-federal-government-does-not-profit-off-student-loans/[/URL] "But just about all these plans have one feature in common: they set the interest rate on student loans below the market rate. And because they're below the market rate, that costs the federal government money. Contrary to popular belief, and many a breathless article, the government does not, in fact, book a profit on student loans." [/QUOTE]
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