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<blockquote data-quote="bottomups" data-source="post: 1962397" data-attributes="member: 29452"><p><strong>Would trust the CBO before the Washington Post.</strong></p><p>According to the latest projections from the CBO, the federal government will earn about $127 billion over the next ten years from its recently acquired role as the direct provider of most student loans. The breakdown of these profits (CBO makes you do the math from tables that are<a href="http://www.cbo.gov/sites/default/files/cbofiles/attachments/44198-2014-04-StudentLoan.pdf" target="_blank">here</a>) is roughly three-quarters from loans to graduate students, one-quarter from loans to parents, and a slight loss in loans to undergraduate students. The reason for the difference is that undergraduate students meeting federal limits on family income and assets qualify for subsidized student loans. This means that even after making some unsubsidized undergraduate student loans, the federal government is close to breakeven across all undergraduate loans made.</p></blockquote><p></p>
[QUOTE="bottomups, post: 1962397, member: 29452"] [B]Would trust the CBO before the Washington Post.[/B] According to the latest projections from the CBO, the federal government will earn about $127 billion over the next ten years from its recently acquired role as the direct provider of most student loans. The breakdown of these profits (CBO makes you do the math from tables that are[URL='http://www.cbo.gov/sites/default/files/cbofiles/attachments/44198-2014-04-StudentLoan.pdf']here[/URL]) is roughly three-quarters from loans to graduate students, one-quarter from loans to parents, and a slight loss in loans to undergraduate students. The reason for the difference is that undergraduate students meeting federal limits on family income and assets qualify for subsidized student loans. This means that even after making some unsubsidized undergraduate student loans, the federal government is close to breakeven across all undergraduate loans made. [/QUOTE]
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