I would like to know where the money comes from to allow the government to continue making new student loans when about 90% of current borrowers are not making payments.
“I would like to know where the money comes from to allow the government to continue making new student loans when about 90% of current borrowers are not making payments.”
Magic wand...er, mouse...er, quantitative easing*.
* Creating money because they said, “okay, imagine three trillion fresh, new dollars.” (Poof!)