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What happened to Citibank student loans? 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 ...
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A long time ago — before the introduction of the Direct Loan Program — I consolidated my federal loans with Citibank. In 2010, Citibank sold off its student loan unit, and has since stopped ...
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.
NEW YORK (AP) — Federal student loan borrowers will need to start making payments again this month after a three-year-plus pause due to the pandemic.. You should expect a bill that lays out how ...
While campaigning during the run-up to the 2020 presidential election, President Joe Biden pledged to cancel $10,000 worth of student loan debt per borrower. See: Will Student Loan Forgiveness ...
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