Federal Student Loan Programs

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Fast Facts

The demand for student loans is expected to continue to grow. According to projections made by the U.S. Department of Education, federal student loan volume is expected to grow to nearly $64 billion in FY2009, with 71% of those dollars coming from FFELP.

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Student Loan Facts

Nearly $6 billion of the $92 billion of student loans made by the Direct Loan program are in default.