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Federal Guaranteed Loans. With the canceling of the Federal family education loan Program in 2010, all federally guaranteed student loans reverted back to the U.S Department of Education. Federally funded student loans are now administered through the William D. Ford Federal Direct Loan Program . Federal education loans offer students a.
Michigan was among the most generous, offering to cover 40 percent of qualified expenses, an outlay that cost Wolverine State taxpayers nearly $100 million a year. Acting on numerous reports from a.
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