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Student Loan Consolidation (CRS Report for Congress)

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Release Date Nov. 17, 1997
Report Number 97-916
Report Type Report
Authors Margot Schenet, Education and Public Welfare Division
Source Agency Congressional Research Service
Summary:

Title IV of the Higher Education Act (HEA) authorizes the major federal student aid programs, including the guaranteed and direct student loan programs. This report describes student loan consolidation, recent problems with the Federal Direct Student Loan Consolidation program, and H.R. 2535, which is designed to ameliorate the impact of these problems for borrowers.