Word: gsls
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Dates: during 1980-1980
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...move that Congressional Budget Office analysts estimated could save the government $3 billion in the next five years, the Senate passed a bill making it more expensive for students to receive Guaranteed Student Loans (GSLs...
Currently, the government subsidizes interest payments for all students with GSLs for the time they are in school...
Harvard financial aid officials said it was not clear how the new rules, if authorized by the full Congress and signed by President Carter, would affect students with GSLs...