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    Federal Student Loans Cost Taxpayers Money

    This piece originally appeared on See Thru Edu, a project of the Texas Public Policy Foundation. The Congressional Budget Office has just released an assessment of what the Federal Direct Student Loan program will cost taxpayers using various accounting measures. As has been noted before, any student loan proposal should … More

    The Unknown Cost of Federal Student Loans

    Starting July 1, interest rates on federal student loans are set to rise from 3.4 percent to 6.8 percent. As Congress again considers preventing the interest rate on federal student loans from doubling, the cost to taxpayers should be a central issue. However, in a recent Issue Brief, Heritage analyst … More

    CBO: Federal Accounting Understates Cost of Credit Programs

    According to the nonpartisan Congressional Budget Office (CBO), measurements of the budget impact of federal credit do not adequately address the risks involved, and may, in some cases, dramatically understate the costs of those programs. Under the current system, federal accounting practices do not “fully incorporate the cost of market … More