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Federal Student Loans: orrower Interest Rates Cannot Be Set ahead of time to properly and regularly Balance Federal Revenues and expenses

Federal Student Loans: orrower Interest Rates Cannot Be Set ahead of time to properly and regularly Balance Federal Revenues and expenses

GAO-14-234: Posted: Jan 31, 2014. Publicly Released: Jan 31, 2014.

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Just What GAO Found

Complete Direct Loan costs that are administrative from $314 million to $864 million from financial years 2007 to 2012, but federal expenses per debtor have generally speaking remained constant or dropped.

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