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MISMANAGED Education Loans Hit
Washington reports GAO criticizes 1973 to present handling of the guaranteed student loan program. Since 1965 the Office of Education supervised $8 billion in loans guaranteed by the government. Problems include defaulted payments, loans to non existent schools, and loans to non enrollees as probes continue.
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Copley News Service
Washington
Office of Education
General Accounting Office
GAO
Congress
Senate
California
Illinois
Texas
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Chicago
HEW