The Vast Majority of the Federal Student Loan Portfolio is Profit.

Alan Collinge
8 min readNov 12, 2022

The loans can be cancelled entirely at little- or no- cost to the taxpayers.

For decades, student loan interests- both inside and outside of government- have been claiming that the federal student loan program has been a cost to taxpayers. More recently, they are claiming that cancelling federal student loans would be a cost to the taxpayers. Both of…

Alan Collinge

I am Founder of StudentLoanJustice.Org, author of The Student Loan Scam (Beacon Press), and creator of the petition Change.Org/CancelStudentLoans