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Shutdown leaves ED program adrift - United States Education Department - includes related article on how the shutdown will effect higher education The US Education Department and other agencies had to manage with a skeletal staff through December 1995 after a second federal shutdown on December 16, ......(Continue Reading) Q: Should Congress close down the Department of Education - pro and con arguments Arguments for and against the elimination of the Department of Education are presented. One side argues that the elimination of the department would put ......(Continue Reading)Student loan default rates fall dramatically - includes related article on default violations of schools The student loan default rate in 1994 was only 10.7% as compared to 22.4% in 1990. The total collection from defaulted loans in 1996 increased to $2.2 billion over the $1 billion collection in 1992. A...(Continue Reading)Too early to grade Clinton's student-loan reform plan - includes related information on alternatives to direct loans The Clinton Administration established the Direct Student Loan Program to save money by cutting default rates and eliminating middleman expenses. Critics ......(Continue Reading)Student Borrowers May Get Financial Break Seeking to match incentives offered by banks, the Clinton Administration wants to give college students a $600 break on their education loans. The ......(Continue Reading)
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