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Do you have a source? Every one I find states the numbers I posted above, no where near your number. Total federal and non federal combined is currently around
by ChrisLomont 8y ago
Do you have a source? Every one I find states the numbers I posted above, no where near your number. Total federal and non federal combined is currently around $100B annual.
- rayiner 8y agoI guess my number is a bit dated. It's $95 billion in federal loans in the most recent year, but it peaked at $117 billion in 2010-2011. https://trends.collegeboard.org/sites/default/files/2017-trends-student-aid_0.pdf https://trends.collegeboard.org/sites/default/files/2017-tre... page 9. Still, the DOE budget cannot reflect that since it is much less. Non-federal loans account for 11% of loans: https://trends.collegeboard.org/student-aid/figures-tables/total-federal-and-nonfederal-loans-over-time https://trends.collegeboard.org/student-aid/figures-tables/t....