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Fossey, Richard – Phi Delta Kappan, 1998
Although the default rate on federally insured student loans is declining, the amount of student borrowing has almost tripled since 1990. Borrowers may be finding loans more burdensome, as nearly one-third are unsubsidized and amounts borrowed are steadily increasing. Also, the General Accounting Office has discovered serious program management…
Descriptors: Federal Government, Financial Problems, Higher Education, Paying for College