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    Easy Money
    $$$$$
    How Congress Could Increase Federal Student Aid Funding at No Additional Cost to Taxpayers
    May 2005
    American Association of Collegiate Registrars and Admissions Officers State Public Interest Research Groups' Higher Education Project U.S. Student Association
    Table of Contents
    Executive Summary ...................................................................................................................... 2
    Introduction................................................................................................................................... 3
    Background: A Tale of Two Loan Programs ............................................................................. 4
    A Win-Win Proposal for Students and Taxpayers .................................................................... 5
    Findings: Billions of Dollars in Additional Student Aid ........................................................... 5
    Lending Industry Profits from Current Structure of Student Loan Programs...................... 6
    Conclusion ..................................................................................................................................... 6
    Methodology .................................................................................................................................. 7
    Student Aid Reward Act Funding Increases by State…………………………………………9
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