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U.S. News & World Report: No Value for Students

Young Invincibles’ Policy Director Jennifer Wang writes an op-ed for U.S. News & World Report about the misleading nature of fair value accounting:

“The new 114th Congress has reached a pivotal moment to tackle one of the biggest economic challenges facing the nation: student loan debt. Yet as members vie left and right to push proposals that will address this challenge, we’re already seeing roadblocks. Some members of Congress are trying to change the accounting rules for federal student loans to so-called “fair value accounting.” But fair value accounting is far from fair.” Read more here.