Title

How Guaranty Agencies Earn Their Money

July 6, 2009
 

An analysis of student loan guaranty agencies' budgets by the New America Foundation has found that 60.5 percent, or $948.8 million, of the federal payments agencies received in the 2008 fiscal year were for the collection and rehabilitation of defaulted student loans. In contrast, they received only $177.3 million for helping to prevent defaults.

 
+ -

Expand commentsHide comments  —   Join the conversation!

Opinions on Inside Higher Ed

Inside Higher Ed’s Blog U

What Others Are Reading

  • Viewed
  • Past:
  • Day
  • Week
  • Month
  • Year
Back to Top