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Butts, Thomas A.; Hicks, Elizabeth M. – Business Officer, 1992
This article presents arguments in favor of the federal government providing loans directly to higher education students (without intermediate lenders and secondary markets). It explains loan funding, processing, fund dispersal, college responsibilities, and remaining legislative hurdles. It attempts to dispel myths, such as that direct loans…
Descriptors: Credit (Finance), Educational Finance, Federal Aid, Federal Legislation