Posted inEditorials

Federal Student Loans: $1.3 Trillion Is Largest U.S. Asset

by William L. Kovacs, ©2024 https://fiscal.treasury.gov/files/reports-statements/financial-report/2021/notes-to-the-financial-statements4.pdf (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 […]