nStudent Loan Program Fraces Drastic Change

The Journal Record;  June 26, 1993 ;   Kathy Kristof;   787 words ......federal government. The idea behind direct loans is that they could save the government...law this summer. What exactly would direct loans mean to parents and students? Here's...but both would phase in so-called "direct" loans provided by the government rather than...

Fortuitous Error; Congress mistakenly undercharged some student loan...

The Washington Post;  June 2, 2006 ;     299 words ......government to raise the rates on the direct loans. Many school financial aid offices operate...they didn't relish competition from direct loans -- nor did they seem to feel their role...that study after study has shown that direct loans are cheaper for taxpayers than loans...

EDITORIAL: Direct-loan cuts

University Wire;  November 14, 2005 ;   Staff Eidtorial;   350 words ......a university's ability to distribute direct loans to students, resulting in a higher utilization...is the nation's largest provider of direct loans to its students each year - about $285...changes, OSU could lose $6 million for direct loans to students over five years. Rising...

4 Schools in Illinois To Offer Direct Loans

Chicago Sun-Times;  November 16, 1993 ;   Roger Flaherty;   242 words ......will kick off the program next fall. Direct loans ultimately will replace the complex...still being worked out. Riley called direct loans "one-stop shopping" and said the new...loans and lower interest rates and fees. Direct loans have been vigorously opposed by banks...

Students lose, banks win under GOP budget

Michigan Chronicle;  December 19, 1995 ;   Barbara-Rose Collins;   534 words ......interest groups are the only winners if direct loans are capped. The GOP budget caps Direct...total loan volume, cuts the number of direct loans by about $1.9 million and forces more...year, 40 percent of student loans are direct loans -- with more than 1,300 schools and...

Study shows U.S. student loans cost less

University Wire;  December 7, 1999 ;   Kathryn A. Wolfe;   553 words ......federal taxpayers less, UT officials said. Direct loans are not used at the University because...government against non-payment default. Direct loans eliminate the private middle-man, enabling...report states. For every $100 given in direct loans, the government earns $4 in ...

Go Directly to Uncle Sam?

The Washington Post;  May 22, 1993 ;     493 words ......the terms of repayment. Proponents of direct loans like to compare charts. One is a tangle...The graphic bolsters the rationale for direct loans - namely, that such a system would be simpler and more user-friendly. In theory, direct loans would be cheaper as well - not only...

Taxpayers' tab for USDA farm credit losses.(CREDIT)

The Kiplinger Agriculture Letter;  November 11, 2005 ;     118 words ......1996 losses. Why the drop? USDA is making fewer and smaller direct loans. Its direct loans will make up only 3% of all U.S. farm debt this year, a fraction...lenders' loans. They cover 35% more in volume than USDA's own direct loans portfolio.

DIRECT LOANS ARE A BAD DEAL.(OPINION)(Letter to the Editor)

Wisconsin State Journal (Madison, WI);  June 24, 2004 ;     565 words ......taxpayers almost 10 times more than Direct Loans. I fail to see evidence of the fruits...UW-Madison uses FFEL loans and not direct loans. This means that we are giving bundles...competitive balance that makes each program -- direct loans and guaranteed loans -- work to serve...

Student Aid Bill Is Good Idea

Chicago Sun-Times;  July 2, 1992 ;   Editorials;   250 words ......administration 20 years ago. It authorizes direct loans to applicants instead of going through...universities instead of banks issue direct loans would create bureaucratic chaos on campuses...proposed a five-year trial period of direct loans, to be overseen by the Department of...

REP. PETRI RECEIVES ASACC'S STUDENT LIFE AWARD FOR HIS EFFORTS ON STUDENT...

US Fed News Service, Including US State News;  March 20, 2006 ;     323 words ......To encourage schools to switch to direct loans, Petri said his bill would return half...For students, the terms of FFEL and Direct Loans are the same. Savings made from switching to Direct Loans would come solely from greater efficiencies...

Student Loans Take Hit From Senate Committee

Chicago Sun-Times;  September 27, 1995 ;   BASIL TALBOTT;   419 words ......ago. About 30 percent of students have direct loans, and the bill would reduce that proportion...Champaign-Urbana said the threat to direct loans is the greatest danger. Under that program...with institutions and students who use direct loans," said Orlo Austin, director of ...

Greed Aid

The Village Voice;  April 6, 2005 ;   Kamenetz, Anya;   787 words ......President Bill Clinton, who introduced the direct loans in 1993, described their creation as...federal government $12.09 on every $100. Direct loans cost just 84 cents. The STAR Act, sponsored...savings available to colleges who choose direct loans, with the stipulation that the ...

FARM LOANS

Regulatory Intelligence Data;  November 6, 2000 ;   INDSTRY GROUP 07;   787 words ......productive counties. Farmers may apply for direct loans at FSA local offices or USDA Service...a commercial lender, FSA also makes direct loans, which are serviced by an FSA official...Loans Eligible applicants may obtain direct loans up to a maximum indebtedness of $200...

Clinton Launches Homestrech Fight for Simon-led Shift to New College...

U.S. Newswire;  May 11, 1993 ;     460 words ......through IRS withholding. The change to direct loans will affect and benefit all students...as well as schools and the taxpayers. Direct loans will be the new federal student loan...the fight in March to pave the way for direct loans with provisions of the Clinton budget...