Government Makes $51 Billion Profit Off Student Loans
855 views · Published 16 May 2013 · 4:07 · Indexed 29 October 2026
Channel: Secular Talk · 2013 · News & Politics
Student loan debt is now one of the Obama Administration's biggest cash cows. The government is poised to pocket a record $51 billion profit from federal student loan borrowers this year, according to a report by the Congressional Budget Office. That's roughly 40% higher than the CBO's original forecast in February, $35.5 billion. Read More At: http://www.businessinsider.com/student-loans-net-51-billion-profit-2013-5 Clip from the Wednesday, May 15th 2013 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 5-7pm Eastern. Check out our website - and become a member - at: http://www.SecularTalkRadio.com Listen to the Live Show or On Demand archive at: http://www.blogtalkradio.com/kylekulinski Follow on Twitter: http://www.twitter.com/kylekulinski Like on Facebook: http://www.facebook.com/SecularTalk
