The US Government’s Biggest Financial Asset: Student Debt
Budget

The US Government’s Biggest Financial Asset: Student Debt

Chip East / REUTERS

We hear a lot about government debt, but what about government assets? Jill Mislinski of Advisor Perspectives looked at the Federal Reserve's financial accounts data and found that student loans make up the largest financial asset held by the federal government – by a huge margin.

The value of federally backed student loans held by the government has risen by more than 1,000 percent since the last recession, Mislinski says, and now tops $1.1 trillion.

TOP READS FROM THE FISCAL TIMES