Federal Student Loan Programs

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Fast Facts

Working together, students, schools, guarantors, lenders, servicers and the U.S. Department of Education have prevented billions of dollars of student loans from defaulting.

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Student Loan Facts

FFELP saves taxpayers money

Since FY 2001, the FFELP has returned more than $12 billion to the Treasury because the government had significantly overestimated the cost of this program.