Feds to see big student loan profits

7:03 am
Mon August 26, 2013

Feds to see big student loan profits

Lead in text: 
The Congressional Budget Office says a new law regulating college loan interest rates will mean a federal profit of about $175 billion over the next decade.
A law touted by politicians as their way of keeping money in the pockets of the nation's college students will instead funnel more than $700 million in additional profit into the federal government's wallet over the next 10 years, a new analysis shows.
Tags: