July 8, 2005
Lenders Mislead in Battle Over Cost of Direct Lending, Budget Experts Say
Tables: Summary of the arguments for direct lending and for guaranteed loansArticle: Direct Lending in Distress
Student-loan-industry officials have been waging a campaign to discredit their competition: the federal program in which the U.S. Education Department provides loans directly to students through their colleges.
Their aim is to debunk long-held assumptions that the direct-loan program is less costly for
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