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General Accounting Office, Washington, DC. Div. of Human Resources. – 1988
Lenders' billings for interest subsidy payments under the Department of Education's Guaranteed Student Loan Program (GSLP) are discussed. In fiscal year 1986, the Department of Education paid lenders $2.4 billion in interest subsidies on $39 billion of outstanding Guaranteed Student Loans. The General Accounting Office (GAO) reviewed the accounts…
Descriptors: Educational Finance, Error of Measurement, Federal Aid, Federal Programs