Estimates of the Cost of Federal Credit Programs in 2027
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Summary
CBO estimates the costs of federal credit programs in 2027 in two ways—following procedures prescribed by the Federal Credit Reform Act and using a fair-value approach, which measures the market value of the government’s obligations.
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Turns out when you hand teenagers thousands of dollars in federal loans for degrees with zero market value, they default!
— Steven Crowder (@scrowder) July 22, 2026
Who could've possibly seen that coming? https://t.co/ngCejKINNZ