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October 08, 2009

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Craigie

Tim, has anyone like you actually spoken to these state loan agencies? It is easy for the politicians to pontificate, but are some of these tiny state agencies going to want to pony up millions of dollars for the systems changes required to develop the capability to service direct loans, which are quite different from FFELs? Or will that be the impetus for a new grant program -- IT funding assistance to the states?

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