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GAO report

  • The US Will Forgive $1 Trillion of Student Debt, Not $108 Billion

    • December 5, 2016
    • Posted by: Travis
    • Category: Government
    4 Comments

    A bombshell report from the Government Accountability Office (GAO) on Wednesday shattered faulty accounting from the Department of Education on the cost of the Federal Student Loan Program. The new cost estimate to taxpayers for all loans issued through 2017 is expected to be $108 billion, far higher than originally expected. In my student loan consulting business,

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