Department of Education obligations in Other Activities Related to Credit Intermediation (NAICS 522390)

Education × 522390 is a credit-code join, not a borrower census

The relationship is mechanical: awarding agency 091 and industry 522390 on the same award roll into $7,190,959,805.16. The join is awarding-agency 091 crossed with NAICS 522390, not a student-loan account census and not Education’s entire $398,145,700,789.94 book. Remove either filter and the number changes. This page never claims the pair caused the other side to exist. The extract does not list servicer names, borrower counts, or portfolio balances.

Fifty-three award lines can look sparse or crowded. Either way, 53 is not equal 53 servicers or 53 loan programs. USAspending counts award records. Unique recipients remain off this packet. Banking, collections, and other credit codes sit outside this total unless they also carry 522390. Neighboring codes stay outside $7,190,959,805.16.

53 awards behind $7.2 billion

About $135.68 million per award comes from dividing $7,190,959,805.16 by 53. Use that ratio as a scale check, not as a typical servicing invoice and not a cost per borrower. Count is not a count of servicers, borrowers, or loan programs. The agency parent remains $398,145,700,789.94; this slice is about 1.8% of that book.

Fifty-three lines are scannable on the agency table; that still does not make them a servicer directory. Open Department of Education for the agency hub. This page will not invent a map of student-loan servicers or a servicer census. Direct-loan-versus-FFEL folklore is not a program split in this packet. Correlation with a published borrower count or a portfolio balance is not a packet finding.

Credit-intermediation obligations are not loans already serviced

NAICS 522390 is an other-activities-related-to-credit-intermediation label on the award file. Quote $7,190,959,805.16 as obligations, not a punch-list of loans already serviced. A Federal Student Aid servicing table with a year stamp is not this file. No fiscal year is attached here.

This extract does not split origination from servicing from collections inside 522390. The parent Education book is much larger than this NAICS cell; other Education industries are not folded in. Those splits are not in the facts.

What the Education 522390 table omits

Omitted: servicer names, borrower counts, or portfolio balances. Cited: $7,190,959,805.16, 53 awards, agency 091, NAICS 522390, parent $398,145,700,789.94. Borrower counts and servicer names are not packet facts.

NAICS 522390 holds NAICS 522390 nationwide. All agencies lists agencies. All spending ties lists ties. Campaign contributions do not pay these obligations. Keep the pair intact when you quote $7,190,959,805.16.

Where the Education × NAICS 522390 hubs live

Department of Education is the agency 091 hub behind $398,145,700,789.94. NAICS 522390 is the nationwide NAICS 522390 listing. All agencies lists awarding agencies. All spending ties indexes other ties. Fifty-three awards totaling $7,190,959,805.16 remain a credit-intermediation administrative file, not a borrower census. Portfolio balances and servicer names are not in this packet. USAspending.gov is the source. Do not annualize $7,190,959,805.16: no fiscal year is in the facts. Do not add those parent shelves into this cell.

How to read the Education × 522390 pair

Cite agency 091 (Department of Education), NAICS 522390 (Other Activities Related To Credit Intermediation), $7,190,959,805.16, and 53 awards together. Keep the obligation word. The join is the intersection, not a story about why the agency buys this industry, and not a claim that Other Activities Related To Credit Intermediation caused the agency’s mission. Leave this page for named lines on Department of Education. Campaign-finance tables do not fund these obligations. If a later extract revises the rollup, this snapshot will be stale until rebuilt. Portfolio balances and servicer names are not in this packet. Readers who reuse this agency-industry snapshot should keep both keys in the same sentence, cite USAspending.gov, and treat award rows as records rather than unique vendors. This narrative does not invent a fiscal year, a recipient list, or an outlay total the packet omitted. Keep the obligation word on the headline dollar figure in every footnote.

Questions

How much Education spending is coded to NAICS 522390?

USAspending.gov shows $7,190,959,805.16 in obligations for Department of Education (agency 091) coded to NAICS 522390, across 53 awards. The sum is a commitment total, not outlays and not the agency’s full $398,145,700,789.94 book. Other industries are outside this join unless they also carry 522390.

Do 53 awards mean 53 student-loan servicers?

No. Award count is a row count of 53 actions and can include continuations. It is not a count of servicers, borrowers, or loan programs. The packet does not name recipients. See Department of Education for named lines as USAspending stored them.

Is this the Department of Education’s entire student-aid budget?

No. The parent Education book is $398,145,700,789.94. This page is NAICS 522390 only. Other Education industries and assistance listings sit outside $7,190,959,805.16 unless they also carry 522390. Original filings remain on USAspending.gov.

Has $7.2 billion already been paid to servicers?

Not on this metric. Obligations are recorded commitments on awards. Outlays are payments from the Treasury. The $7,190,959,805.16 headline is the obligation rollup in SpendingVault’s extract. Remaining balances are not published in this packet. Original filings remain on USAspending.gov.