Seeking solutions to the student aid mess

<p>No typo, the CBS report is correct. The -33.30 rate is the subsidy rate, this reflects a positive profit rate. A positive subsidy rate would reflect a cost to government. All the different loans show a negative subsidy rate. The numbers indicate the highest profit for a GradPlus loan and the lowest profit for a subsidized loan. Profit on an unsubsidized loan is higher because the consumer pays all the interest, and the interest is higher than subsidized. <a href=“http://www.cbo.gov/sites/default/files/cbofiles/attachments/43913_StudentLoans.pdf[/url]”>http://www.cbo.gov/sites/default/files/cbofiles/attachments/43913_StudentLoans.pdf&lt;/a&gt;&lt;/p&gt;