Obama Student Loan Policy Generates $51 Billion Profit

http://www.huffingtonpost.com/2013/05/15/obama-student-loans_n_3280571.html

Two members of the Senate banking committee on Wednesday criticized excess government profits generated off loans made to student borrowers and their families, increasing pressure on Congress and the Obama administration to reform student lending programs.

“Wall Street, student loan servicers, and now the government are reaping profits at the expense of students,” said Sen. Sherrod Brown (D-Ohio). “When everyone is benefiting from student loan policy except students and graduates, we have a problem.”