A Project of The Annenberg Public Policy Center

Student Lenders’ Slippery Jobs Numbers

Would overhauling the student loan program really "jeopardize more than 30,000 private sector jobs," as claimed by those who oppose it? We find that figure to be a stretch. A widely quoted, independent expert says any job loss is likely to be much less, and that it’s possible no jobs will be lost at all.
The student-loan overhaul — under which the federal government would become the sole lender, ending the role of banks and other private sector lenders in this government program —