Word: loan
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Dates: during 1960-1969
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...version of the NDEA bill circulated among college and banking officials a month ago, Johnson proposed a more drastic revision of the loan system. It would have forced most students now receiving funds directly from the government to negotiate loans from private sources...
...bill which was sent to Congress would not immediately alter the basic structure of the NDEA loan program, though it would eventually lead to almost complete ourtailment of these loans, probably within the next few years...
Forcing a student to get a loan in his home town could also cause problems, Brademas noted. He cited the case of a Negro who would have to approach a banker in the South. "He would be lucky if he was able to walk in the front door," he said...
...report of the proposals devised at the White House meeting will be presented Monday to the meeting of the Commission on Federal Relations of the American Council of Education in Washington. This meeting will also tackle the problem of bridging the time gap until the guaranteed loan program can be fully established...
...whether the colleges will have any say over the extent of each student's need for a loan...