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Wofford, Douglas – Capital Ideas, 1987
Issues concerning mortgage-backed student loans are examined, with attention to the new tax law, policy and practical concerns that a college should address before starting this type of loan program, public policy issues, and two types of plans. The Tax Reform Act of 1986 phases out the deductibility of consumer interest charges and as a result…
Descriptors: College Students, Credit (Finance), Debt (Financial), Federal Legislation