May 6, 2005

Group Takes Aim at Federal Direct-Loan Program

By STEPHEN BURD

The federal direct-loan program is coming under attack by Citizens Against Government Waste.

The group, which bills itself as nonpartisan, has started an investigation to determine why the program "has not delivered on its promised savings" to taxpayers, and plans to publish a report on its findings this spring.

Elizabeth L. Wright, the group's vice president for government relations, said it had decided to take "a fresh look" at direct lending to see if it had lived up to the

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