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Investments glossary

Federal Direct Loan Program


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Stay away from needle drugs. Richard Nixon is the only dope worth shooting.

— Abbie Hoffman

The Federal Direct Loan Program provides low-interest student loans to postsecondary students (undergraduates and graduate students) and to their parents. The William D. Ford Federal Direct Loan Program is issued and managed by the U.S. Department of Education and is the only government-backed student loan program in the United States.


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