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His party's official platform supports privatizing student loans, saying: "the federal government should not be in the business of originating student loans".
When he goes back to Abe Crystal, the originating student, Crystal says he picked the word up from a 1528 text, "The Courtier," by an Italian author named Castiglione.
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Lou Crandall of Wrightson ICAP, a research firm, reckons the Treasury could free as much as $223 billion that way, and another $278 billion by selling mortgage-backed securities and privately originated student loans it acquired during the crisis.
The National Council of Higher Education Loan Programs and a vast majority of lenders favor school certification before originating private student loans.
Bills in the Senate and House of Representatives would make the rules for private loans less strict, now that Congress has finished the job of getting banks out of the business of originating federal student loans.
Acting President Derek Bok moved his family to its bucolic grounds in 1971 amid security concerns originating in student protest activity near the then-president's residence on Quincy Street.
The distinction is important because had federal authorities formally accused the company of deceiving students, Duncan effectively would be forced to cancel their Education Department-backed debt under a provision in federal law that aims to shield borrowers from having to make payments on fraudulently originated federal student loans.
The Davis case, the only case of the five originating from a student protest, began when 16-year-old Barbara Rose Johns organized and led a 450-student walkout of Moton High School.
Student Loan Marketing (134, SLM) originates federal guaranteed student loans.
The fourth group covers students originating from western countries (Western).
The disparity is the largest for students originating from non-western countries.
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