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Archive for November 14th, 2014

The Federal Student Loan Racket

Friday November 14th, 2014   •   Posted by Craig Eyermann at 7:11am PST   •   1 Comment

Since 2008, roughly $1 out of every $10 new dollars borrowed by the U.S. government through the end of its 2014 fiscal year has gone to fund the Federal Direct Student Loan program, which lends the money borrowed by Uncle Sam to college students at over double the interest rate that the U.S. government…
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