Infographic
Published February 8, 2017
Updated February 8, 2017
1 minute read
The Morass of Re-Privatizing Federal Student Loans
Some have suggested reintroducing private lending into the federal loan system, but the Federal Family Education Loan (FFEL) program was unnecessarily complicated and required the federal government to pay third-party entities billions in taxpayer subsidies to carry out the same lending functions the Department of Education can handle on its own.
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