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Why is USC changing to the Direct Loan Program?

April 26, 2017changing loan program USC

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Why is USC changing to the Direct Loan Program?

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A. The Direct Loan Program will provide USC students with a reliable source of educational loan funding. While volatility in the credit markets and reductions in lender subsidies have caused some lenders to stop making federal student loans or to stop offering borrower benefits and other services, the Direct Loan Program is not impacted by such changes in the economy and can therefore provide a stable and predictable loan process.