Reauthorization of the Higher Education Act and Related Measures: Hearings Before the Subcommittee on Postsecondary Education of the Committee on Education and Labor, House of Representatives, Ninety-sixth Congress, First Session ....U.S. Government Printing Office, 1979 |
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Page 6
... rate remains what it was when the law was first passed , zero while in school and 3 percent thereafter . At the end of June 1978 , over $ 700 million in outstanding NDSL loans were in default . That sum is more than a sixth of all the ...
... rate remains what it was when the law was first passed , zero while in school and 3 percent thereafter . At the end of June 1978 , over $ 700 million in outstanding NDSL loans were in default . That sum is more than a sixth of all the ...
Page 7
... default rate is 17.4 percent . Furthermore , some observers question the propriety of the very low interest rate on NDSLs , asserting that not only SC large a subsidy unnecessary --- in that it has no apparent effect on the decision to ...
... default rate is 17.4 percent . Furthermore , some observers question the propriety of the very low interest rate on NDSLs , asserting that not only SC large a subsidy unnecessary --- in that it has no apparent effect on the decision to ...
Page 12
... default rate is about 14 percent . The immediate future of the GSL program is difficult to predict . The high cost of government borrowing in the last few quarters has forced the special allowance against its statutory ceiling , but the ...
... default rate is about 14 percent . The immediate future of the GSL program is difficult to predict . The high cost of government borrowing in the last few quarters has forced the special allowance against its statutory ceiling , but the ...
Page 21
... cost is the Loss from defaults . The long - run costs involved are difficult While ... default losses will decline in proportion to the amount of effort the ... rate is kely to remain at a level most observers would find unsatis- All the ...
... cost is the Loss from defaults . The long - run costs involved are difficult While ... default losses will decline in proportion to the amount of effort the ... rate is kely to remain at a level most observers would find unsatis- All the ...
Page 24
... rate rema what it was when the law was first passed , zero while in school a 3 percent thereafter . At the end of June 1978 , over $ 700 million in outstanding ND loans were in default ... cost less than the amounts collected . Viewed in ...
... rate rema what it was when the law was first passed , zero while in school a 3 percent thereafter . At the end of June 1978 , over $ 700 million in outstanding ND loans were in default ... cost less than the amounts collected . Viewed in ...
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Common terms and phrases
administrative amendments amount annual application areas ASDA assistance Association BEOG Califano capital Chairman College Work-Study committee Congress costs debt default rate dental Direct Student Loan Director eligible Federal Government financial aid FISL FORD freshmen funds graduate and professional graduate students grant GSL program GSLP guarantee agencies Guaranteed Student Loan HEAL Higher Education Act income increase institutions interest rate Internal Revenue Service Jesuit Volunteer Corps legislation lenders lending limited Maguire ment million minimum wage National Direct Student NDSL Office of Education opportunity participation payments Peace Corps Pennsylvania percent Postsecondary Education problem professional students proposal repay repayment Sallie Mae secondary market South Dakota special allowance student aid student financial student financial aid student loan program Subcommittee subminimum wages subsidy tion tuition undergraduate University UPCUSA volunteers work-study program Workers York
Popular passages
Page 788 - The Administrator, to the extent necessary in order to prevent curtailment of opportunities for employment, shall by regulations or by orders provide for (1) the employment of learners, of apprentices...
Page 790 - Secretary may issue a certificate or order under this subsection he must find that such employment will not create a substantial probability of reducing the full-time employment opportunities of persons other than those employed under this subsection.
Page 791 - ... similarly posted during the effective period of such authorization. (b) Full-time students may not be employed under a certificate at less than 85 percent of the minimum wage applicable under section 6 of the Act. (c) An institution of higher education shall not employ full-time students at subminimum wages under this subpart in unrelated trades or businesses...
Page 791 - ... such as apartment houses, stores, or other businesses not primarily catering to the students of the institution. (d) An institution of higher education subject to a finding by the Secretary that it is in violation of the requirements of section 14(b)(3) of the Act or of this subpart must be issued a • full-time student certificate before it can employ full-time students at wages below those required by section 6 of the Act. The Administrator or his/her authorized representative will not issue...
Page 792 - Administrator or an authorized representative who has taken no part in the action which is the subject of review. (b) A request for reconsideration shall be accompanied by a statement of the additional evidence which the applicant believes may materially affect the decision together with a showing that there were reasonable grounds for failure to present such evidence in the original proceedings.
Page 124 - Assocition, the National Bar Association, the Association of American Law Schools, and the Law School Admission Council; in...
Page 789 - ... at wages lower than the minimum wage applicable under section 6 of the Fair Labor Standards Act...
Page 786 - West Texas State University; Stephen F. Austin State University; Sul Ross State University; Angelo State University ; Tyler State College; and any other college, university, or institution so classified as provided in this chapter or created and so classified, expressly or impliedly, by law.
Page 1053 - NOTICE ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE DEBTOR COULD ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE DEBTOR SHALL NOT EXCEED AMOUNTS PAID BY THE DEBTOR HEREUNDER.
Page 792 - Jan. 29, 1957] § 522.8 Amendment or replacement of a learner certificate. The Administrator upon his own motion may amend the provisions of a learner certificate when it is necessary by reason of the amendment of these or any supplemental industry regulations, or may withdraw a learner certificate and issue a replacement certificate when necessary to correct omissions or apparent defects in the original certificate. [20 PR 648, Jan.