With little public notice or fanfare, the federal government has been providing financial institutions involved in the student loan business with a bailout projected to be over $100 billion: 2007-2008 2008-2009 2009-2010 TOTAL Loan Purchase Commitment Program $997,945,088 $48,538,600,137 $2,540,422,115 $52,076,967,340.00 Loan Participation Purchase Program $33,359,067,388 $25,565,704,156 $58,924,771,544.00 Asset-Backed Commercial Paper $31,540,088,059 $31,540,088,059.00 This makes [...]