December 5, 2003
Loan Guarantors May Ask Students to Pay More
Higher-education lobbyists vow to fight efforts to require a 1-percent feeTable: How Student-Loan Guarantees WorkBy STEPHEN BURD
The agencies that guarantee federal student loans are in a bind and looking to borrowers to bail them out.
Lobbyists for the country's 36 guarantors are considering whether to ask Congress to require students to pay the agencies a fee to get their loans. Under federal law, guarantors are already allowed to charge students the fee, which is equal
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