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We inform you of Feds book billions in education loan earnings

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We inform you of Feds book billions in education loan earnings

Education Secretary Arne Duncan talks at Malcolm X Elementary class in Washington. (Photo: Susan Walsh, AP)

Tale Shows

  • The federal government education loan profit falls behind amounts of just two major businesses: Exxon Mobil and Apple
  • Quotes reveal significantly more than $1.2 trillion in education loan financial obligation over the country
  • Come july 1st, Congress needed a research regarding the real price of the student that is federal programs

The us government made sufficient cash on student education loans throughout the last 12 months that, if it desired, it may offer maximum-level Pell Grants of $5,645 to 7.3 million university students. Read More