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Congress may close loan loophole

Filed in archive Funding your education by mstandaert on October 02, 2004

Via The New York Times and Distance Educator ...

The secretary of education called on senior members of Congress yesterday to close a loophole that has allowed Student Loanlinks companies to collect more than a billion dollars in excess federal subsidies, saying he lacked the authority to stop the escalating payments anytime soon.


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Tags: Business  programs  education  loan  congress  congress+close  loan+loophole  close+loan 

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