Elizabeth Warren Calls Student Loan Profits 'Morally Wrong' As Federal Student Debt Tops $1 Trillion »

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The Obama administration and Congress are not helping students, Sen. Elizabeth Warren (D-Mass.) charged Wednesday, reaping record profits off the federal student loan program that a regulator said has finally surpassed $1 trillion in overall debt. The federal government is due to book $51 billion in profit this year off new and existing federal student loans, according to estimates by the nonpartisan Congressional Budget Office. Source Main page (current trends)

More about: congress, Elizabeth Warren, federal government, Federal Student Debt Tops, federal student loan program, federal student loans, Morally Wrong, Obama Administration, record profits, Student Loan Profits

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