Tag: Student loan

US government “profits” from student loans in 2013 surpassed $41 billion / estimates show more than $1.2 trillion in student loan debt exists in the US

Published time: November 25, 2013 23:33 The US government made enough profit off of student loans in the last year to provide full Pell Grants of over $5,600 to 7.3 million students. But, like many government financial issues, accounting methods complicate the story. The $41.3 billion student-loan profit […]