Is the government making money off your student loans?

Paying for College
1

“… By one estimate, the federal student loan program could turn a profit of $1.6 billion in 2016, according to the Congressional Budget Office.” …

http://money.cnn.com/2016/08/04/pf/college/federal-student-loan-profit/index.html?section=money_pf&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_pf+%28CNNMoney%3A+Personal+Finance%29

2

^Old news. Sen. Warren was talking about it for a few years.
Yes, the Federal government will make more money (on fees) if you defaulted!

3

‘’…By [another] measure, the loan program would result in a loss for Uncle Sam – and not an insignificant amount. It shows the government would lose about $20.6 billion this year, and would continue to lose money over the next decade."

The next time the US Government makes a profit on something will be the first time.

Useless story. Clickbait

4

^No, Federal government will get back its money, regardless you defaulted or not.