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Cronin, Joseph M. – Phi Delta Kappan, 1986
Student loans have become an essential ingredient of financial planning for college. The Guaranteed Student Loan Program's default rate is over 10 percent. World Bank and other international data suggest three solutions: longer repayment terms, graduated repayment schedules, and forgiveness for individuals choosing public service. (8 references)…
Descriptors: Educational Finance, Financial Problems, Foreign Countries, Higher Education