Student loans are a large asset for Uncle Sam, accounting for 42.3% of total Federal assets.

by
Sharing is Caring!

Now you know why student loans will never be forgiven.

See also  We are in a debt crisis: Subprime credit card delinquencies hit 22%, commercial office loans hit 11%.

https://www.advisorperspectives.com/dshort/commentaries/2023/06/09/feds-financial-accounts-what-are-uncle-sams-largest-assets

https://www.fiscal.treasury.gov/reports-statements/financial-report/balance-sheets.html

Then, drilling down on “Note 4.”

See also  Bid up asset markets until they explode due to feedback through the economy. 30-year treasury real yields at 2008 levels, bond market worried beyond inflation.

https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2022/notes-to-the-financial-statements4.pdf

h/t PettyWitch


295 views