Tag: Federal financial condition
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Federal Student Loans: $1.3 Trillion Is Largest U.S. Asset
by William L. Kovacs, ©2024 (May 30, 2024) — Yes, you read the headline correctly. Federal student loan (student loans) account receivables are the largest asset held by the U.S. Treasury. This little-known fact has not been mentioned once in the several years of controversy over President Biden’s desire to forgive all the student debt…
