The Soapbox

Hoos Operator

Joined: 11/11/2005 Posts: 8898
Likes: 15164


You mean $281B portion of approx $1.5T US student loan which was replaced


by a spiraling out-of-control government Direct Loans program and is now being serviced by third-party loan processors?

Yes.

As of 3rd quarter 2018:

STUDENT LOAN DEBT STATISTICS BY LOAN PROGRAM:
Direct Loans $1.1503 trillion 34.2 million borrowers
FFEL Loans $281.8 billion 13.5 million borrowers
Perkins Loans $7.1 billion 2.3 million borrowers
Total (All Federal) $1.4392 trillion 42.9 million borrowers
[Post edited by Hoos Operator at 04/11/2019 12:12PM]

(In response to this post by WahooRQ)

Link: https://www.studentloanplanner.com/ffel-loan-forgiveness-repayment-get-rid-loans


Posted: 04/11/2019 at 12:10PM



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Current Thread:
  ...smh ** -- 111Balz 04/10/2019 8:32PM
  They did not nationalize student loans ** -- 111Balz 04/11/2019 08:23AM
  Student Loan Nationalization -- Hoos Operator 04/11/2019 08:28AM
  Do you know what FFEL was? ** -- WahooRQ 04/11/2019 11:03AM
  That opinion column does not say what you said -- 111Balz 04/11/2019 08:50AM
  Oh really? -- Hoos Operator 04/10/2019 10:53PM
  Do you not get that the problem is with the -- 111Balz 04/10/2019 9:48PM
  See below. ** -- hoothat 04/10/2019 11:37PM
  "Use your grammar" --- Balz. ** -- hoothat 04/10/2019 9:54PM
  And the same Jaime Dimon who was beneficiary of -- Shenhoo 04/10/2019 8:19PM
  You are 100% correct -- Moneyshot 04/10/2019 10:10PM
  And so does Discover Bank. -- HowieT3 04/10/2019 8:16PM
  She did kick Mnuchin’s ass today, so there’s that. ** -- southdenverhoo 04/10/2019 7:35PM

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