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Miles, Barbara; Zimmerman, Dennis – 1993
This congressional report argues that the costs of the current guaranteed lending program for postsecondary education can be reduced in three ways: (1) by eliminating more-than-competitive returns to private lenders; (2) by reducing administrative costs; and (3) by reducing default costs. It is suggested that the first solution can be accomplished…
Descriptors: Cost Effectiveness, Federal Aid, Federal Government, Government Role