Direct Student Loans

The Department of Education's Implementation of Direct Lending Gao ID: T-HRD-93-26 June 10, 1993

Implementing direct lending will be a challenge to the Department of Education. It must be prepared to promptly work out kinks in the program to minimize the risks. If limitations on access or increases in loan defaults occur, the Department must identify and address them early to ensure the integrity of direct lending as the principal federal provider of financial aid to postsecondary students.



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