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> The government also guarantees a lot of private loans. No, they don't. A rider to the ACA removed government subsidies of private loans. The federal govern
by vonmoltke 6y ago
> The government also guarantees a lot of private loans.
No, they don't. A rider to the ACA removed government subsidies of private loans. The federal government is now solely an issuer (though I believe their portfolio still includes some loans that were originally private but later bought out by the government).
- MrPowers 6y agoI did a Google search and found multiple sources that support "The federal government fully guarantees almost all student loans." One example: https://www.investopedia.com/articles/personal-finance/081216/who-actually-owns-student-loan-debt.asp https://www.investopedia.com/articles/personal-finance/08121... Seems like you're talking about government subsidies. I was talking about government loan guarantees.