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The Administration of the Federal Family Education Loan and William D. Ford Direct Loan Programs: Background and Provisions
This report discusses the history and current status of federal student loan programs. Specifically, the report focuses on the Federal Family Education Loan (FFEL) and the William D. Ford Direct Loan (DL). Moreover, the report highlights differences in the two programs such as that the FFEL is financed by private lenders, while the DL is financed by the federal government.
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