Will the federal student loan program need a $500 billion bailout?

Chris Matthews  |  May 4, 2021

By Chris Matthews, includes “The dynamics of a perennial debate over student loan accounting may be turned on its head by efforts to cancel student loans. … The Journal reported that an analysis … estimated that federal government is overvaluing the $1.6 trillion portfolio by roughly one-third, meaning that the program would ultimately need a $500 billion ‘bailout’ by U.S. taxpayers.”

Read the full article on: MarketWatch

comments powered by Disqus