The Morass of Re-Privatizing Federal Student Loans

The Morass of Re-Privatizing Federal Student Loans

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Photo of James Decker
James Decker
Former Graphic Designer
Photo of Tamara Hiler
Tamara Hiler
Former Director of Social Policy, Education & Politics

Some have suggested reintroducing private lending into the federal loan system, but the Federal Family Education Loan (FFEL) program was unnecessarily complicated and required the federal government to pay third-party entities billions in taxpayer subsidies to carry out the same lending functions the Department of Education can handle on its own.

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  • Higher Education722

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