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Peer reviewedDresch, Stephen P. – Economics of Education Review, 1986
Following a brief critical review of the federally sponsored student loan system, this paper develops fundamental principles for overhauling the system and creating an Educational Credit Trust. This federally chartered corporation would determine lender eligibility requirements, monitor lenders' financial performance, and sanction student loan…
Descriptors: Credit (Finance), Educational Finance, Finance Reform, Higher Education
