Bibliographic Details
| Title: |
Ending Federal Student Loans: There Is a Small Window of Opportunity to Get the Government out of Student Lending. Briefing Paper, Number 183 |
| Language: |
English |
| Authors: |
Andrew Gillen, Cato Institute |
| Source: |
Cato Institute. 2025. |
| Availability: |
Cato Institute. 1000 Massachusetts Avenue NW, Washington, DC 20001-5403. Tel: 202-842-0200; Fax: 202-842-3490; e-mail: subscriptions@cato.org; Web site: http://www.cato.org |
| Peer Reviewed: |
N |
| Page Count: |
8 |
| Publication Date: |
2025 |
| Document Type: |
Reports - Evaluative |
| Education Level: |
Higher Education
Postsecondary Education |
| Descriptors: |
Student Loan Programs, Federal Aid, College Students, Government Role, Private Financial Support, Accountability, Incentives, Decision Making, Higher Education |
| Abstract: |
The federal government is the lender for the current student loan system, but replacing it with a system that harnesses the advantages of a marketplace of private lending would save $212 billion over the next 10 years while also benefiting students by helping them avoid risky educational choices. Due to ongoing court cases and upcoming regulatory changes, however, the savings from transitioning away from government lending could disappear. This paper explains why private lending would be superior to the current system, how federal student lending can be shut down, and when this opportunity should be seized. |
| Abstractor: |
ERIC |
| Entry Date: |
2025 |
| Accession Number: |
ED664941 |
| Database: |
ERIC |
