4 ms·
Two nits: 1) $122.5B is the total financial aid, not just loans. Per the table on page 8, loans amounted to $93.8B of that. The rest were outright grants. 2
by vonmoltke 7y ago
Two nits:
1) $122.5B is the total financial aid, not just loans. Per the table on page 8, loans amounted to $93.8B of that. The rest were outright grants.
2) The FSA no longer guarantees loans; it issues them outright. It's incorrect to refer to "federally-guaranteed loans" except in the past tense.