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My student loans were part of the 2010 deal that sent $28 billion from Citi’s federal student loan portfolio to Sallie Mae. At that same time, Discover also took over more than $4 billion in ...
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The FFEL program was eliminated because of a perception that it benefited private student loan companies at the expense of taxpayers, but did not help reduce costs for students. The Federal Direct Loan Program has accumulated a very large outstanding loan portfolio of about $1.5 trillion and this number will continue to rise along with the ...
Federal student loan interest rates are established by Congress and listed in § 20 U.S.C. § 1087E(b). Because the interest rates are established by Congress, interest rates are a political decision. In 2010, the federal student loan program ran a multibillion-dollar "negative subsidy", or profit, for the federal government.
The Citi Easy Deals program is simple and straightforward. You can unlock some great savings, especially on gift cards at the Enhanced Tier, which requires spending just $100 on the card for the year.
Citi Priority: Best for people who hold medium-to-high account balances The Citibank Account: Best for people who want interest checking and can hold a balance of $10,000 or more Basic Banking ...
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