February 3, 2014
U.S. Will Earn $66-Billion From Student Loans of 2007-12
The future cost of the federal student-loan program is uncertain, a U.S. Government Accountability Office report released on Friday has found.
The report does estimate that the government expects to generate about $66-billion in income from loans paid out from 2007 to 2012.
But because it is difficult to predict what cost of future student loans will allow the government to break even on its loan program, the report could