When Banks Lost Control of the Student Loan Mess
Higher Education Inquirer
JANUARY 13, 2025
This lesson is especially important if the US government decides to get out of the student loan business or reduce government oversight of student loans. From 1965 to 2010, the federal government was a backstop for private student loans, Guaranteed Student Loans, also known as the FFEL loans. In 2007, President George W.
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