AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Federal Student Loans - This Is the American Way
The national defense education act created the country's first federal student loan programme. It was targeted for high achieving, generally white male high school students who wanted to go into math, science and foreign language. The government would approve a certain amount of ney, which then they would give to the colleges themselves. And the colleges got to decide who got the lon.