With borrowers increasingly falling behind on their federal student loan payments, some analysts are predicting taxpayers will eventually be on the hook for potentially billions of dollars in losses.

For now, though, taxpayers are making a profit.

Bloomberg News

That’s according to new figures from the nonpartisan Congressional Budget Office. According to CBO, the government will make $106 billion in loans to college students in the fiscal year ending Sept. 30, and will get that back plus $39 billion when the loans are paid back with interest. Next year, the government’s “profit” from the programs is expected to be $34 billion, CBO projects.