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  • Federal Student Loans: orrower Interest Rates Cannot Be Set beforehand to properly and Consistently Balance Federal Revenues and expenses GAO-14-234: Posted: Jan 31, 2014. Publicly Released: Jan 31, 2014. Share This: Extra Materials: Features Web Web Page: (PDF, 2 pages) Complete Report: View Report (PDF, 53 pages) Available Text: (HTML text file) Workplace of Public Affairs (202) 512-4800 youngc1@gao.gov Just Exactly What GAO Found Complete Direct Loan costs that are administrative from $314 million to $864 million from financial years 2007 to 2012, but federal expenses per debtor have generally speaking remained constant or dropped. The rise as a whole administrative expenses mostly outcomes from a growth of over 300 per cent within t

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