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 5
... capital for student loans to be made by colleges , with the institutions putting up $ 1 for each $ 9 in capital from the federal govern- ment . The 1958 law fixed the life of the program at eight years ; only borrowers during the first ...
... capital for student loans to be made by colleges , with the institutions putting up $ 1 for each $ 9 in capital from the federal govern- ment . The 1958 law fixed the life of the program at eight years ; only borrowers during the first ...
Page 6
... capital ever put into the program . The total today probably exceeds three - quarters of a billion dollars , spread among 900,000 or more former students . Some observers have blamed the rising NDSL default on the 1972 decision to allow ...
... capital ever put into the program . The total today probably exceeds three - quarters of a billion dollars , spread among 900,000 or more former students . Some observers have blamed the rising NDSL default on the 1972 decision to allow ...
Page 9
... capital to the student loan market , and at an interest rate of 6 percent or less , which would be paid by the federal govern- ment for borrowers who came from families with incomes under $ 15,000 , so long as the borrower was in school ...
... capital to the student loan market , and at an interest rate of 6 percent or less , which would be paid by the federal govern- ment for borrowers who came from families with incomes under $ 15,000 , so long as the borrower was in school ...
Page 14
... capital and then trade in the loan for Sallie Mae capital . Since Sallie Mae has gotten about 98 percent of its capital from the Treasury , the actual effect of the transaction is that capital borrowed by the federal govern- ment ...
... capital and then trade in the loan for Sallie Mae capital . Since Sallie Mae has gotten about 98 percent of its capital from the Treasury , the actual effect of the transaction is that capital borrowed by the federal govern- ment ...
Page 16
... capital entering the system , even though the same capital would cost less than 10 percent if the government borrowed it directly . Moreover , about one - sixth of all GSL capital can be traced to the federal government . One federal ...
... capital entering the system , even though the same capital would cost less than 10 percent if the government borrowed it directly . Moreover , about one - sixth of all GSL capital can be traced to the federal government . One federal ...
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Common terms and phrases
administrative amendments amount annual areas ASDA assistance Association BEOG capital Chairman College Work-Study committee Congress costs debt default rate dental Direct Student Loan Director eligible Federal Government financial aid FISL FORD freshmen full-time funds graduate and professional graduate students grant GSL program GSLP guarantee agencies Guaranteed Student Loan HEAL Higher Education Act income increase institutions interest rate interest subsidy Internal Revenue Service Jesuit Volunteer Corps legislation lenders lending limited Maguire ment million minimum wage National Direct Student NDSL Office of Education opportunity organization participation payments Peace Corps Pennsylvania percent Postsecondary Education problem professional students proposal repay repayment Sallie Mae secondary market special allowance statement 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 151 - ... installments (or if the borrower so requests in graduated periodic installments determined in accordance with such schedules as may be approved by the Commissioner...
Page 115 - Assocition, the National Bar Association, the Association of American Law Schools, and the Law School Admission Council; in...
Page 790 - The records required in this section, including a copy of any full-time student certificate issued, shall be kept for a period of...
Page 781 - Region I - Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont John F. Kennedy Federal Building Boston...
Page 1153 - Commissioner to determine the amount of the payment which he must make with respect to that loan; (B) include such other provisions as may be necessary to protect the financial interest of the United States and promote the purposes of this part...
Page 1190 - USC 11) , is further amended— (1) by striking out "and" at the end of paragraph (11) ; (2) by striking out the period at the end of paragraph (12) and inserting in lieu thereof
Page 790 - 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 1190 - Act is amended — ( 1 ) by striking out "and" at the end of subparagraph...
Page 631 - Chicago, and from the Office of the Assistant Secretary for Planning and Evaluation of the Department of Health and Human Services to the Institute for Research on Poverty of the University of Wisconsin.
Page 1057 - 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.