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Tuition ammunition - a happy lesson on lending
- Categorized in: Daily EducationNews, Higher Education
By Robert Tomsho
Despite a massive federal effort to aid banks and boost the economy, lending has plunged in the last year. Home-mortgage volume and bank loans to big companies are down dramatically. But the government's response is expanding credit in at least one sector: higher education.
Despite a massive federal effort to aid banks and boost the economy, lending has plunged in the last year. Home-mortgage volume and bank loans to big companies are down dramatically. But the government's response is expanding credit in at least one sector: higher education.
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