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Why did Seton Hall University choose to move to the Direct loan program?

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Why did Seton Hall University choose to move to the Direct loan program?

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This decision was made because of the instability in student loan funding markets and recent federal legislative proposals. Federal Direct Lending provides a stable source of student loan funding, and is not impacted by changes in the economy. We believe that the Direct Loan program will offer our students a more stable, streamlined, and predictable borrowing experience.

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