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Federal student loans terms and conditions revamped for borrower relief and consequences.

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Federal Student Loans Made Under the Federal Family Education Loan Program and the William D. Ford Federal Direct Loan Program: Terms and Conditions for Borrowers
David P. Smole

Paper Summary

The report discusses federal student loans under the DL and FFEL programs, focusing on borrower eligibility, loan terms, repayment relief, and default consequences. It provides historical data on borrowing limits, fees, and interest rates.

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