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Huffington Post: Federal student loan profits bring Education Department spending to lowest level since 2001

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The U.S. Department of Education says it has been working to help borrowers who are struggling under the weight of crushing student loan debt. But as Washington focuses on reducing annual federal budget deficits, the huge profits off those same borrowers may prove too alluring for Education Secretary Arne Duncan. In the fiscal year ending Sept. 30, his department reaped more than $42.5 billion...

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