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The federal government is having it both ways right now: it earns interest on the money it loaned to you to get a higher education, and it also generates higher
by kesselvon 9y ago
The federal government is having it both ways right now: it earns interest on the money it loaned to you to get a higher education, and it also generates higher revenues via your increased lifetime earnings. This is a bummer because its not like your state taxes went down along with a decrease in state funding for your in-state universities.
Basically state governments off-loaded the burden of funding on the students while reaping the benefits of said investments.