Government Spent $1.4 Billion in 2011 to Track Down Student Loan Debtors
Written by Gary North on September 13, 2012
The U.S. Department of Education spent $1.4 billion in 2011 to track down students who are in default on their government-guaranteed loans. The total amount in default was $76 billion. If this program were titled accurately, it would be called the “Blood Out of Turnips” program. There is no way that the government is going […]
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