Jason Delisle wrote a useful post for Higher Ed Watch examining one of the more ridiculous assertions made by members of the student loan industry in an attempt to fight back against the Student Aid and Fiscal Responsibility Act: that they “are not being paid subsidies” by the government.
Very very not true, as Delisle capably explains.
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Jesse Singal is a former opinion writer for The Boston Globe and former web editor of the Washington Monthly. He is currently a master's student at Princeton's Woodrow Wilson School of Public and International Policy. Follow him on Twitter at @jessesingal. More by Jesse Singal
The Washington Monthly is nonprofit and reader-supported. Your tax-deductible gift pays for the reporting you just read.
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