Warren Blasts Government Profits From Student Loans

February 1, 2014 5:49 PM
Warren Blasts Government Profits From Student Loans
" BOSTON (AP) — Massachusetts U.S. Sen. Elizabeth Warren says she is shocked that the federal government earned an estimated $66 billion in profit from student loans originated between 2007 and 2012.

Warren was reacting to a government report that revealed the profit Friday. A previous congressional report estimated that the government will pocket an additional $185 billion in profits on new student loans made over the next 10 years "

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