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- Comparing universities' sports subsidies to library spending (essay)
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Quick Takes: Tech Transfer, Data on Online Courses, NCAA Punishes Ga. Tech, Wristbands Are In and Bush Is Not, Improving Job Market, Rules for N.J. Trustees, Hawaii Faculty Opposes Navy Research, CBO Report on Loans, Professors of the Year
November 18, 2005
payments to lenders in the [guaranteed loan] program and the government’s collection of interest in the direct loan program at a rate that is higher than the discount rate used in the subsidy calculation." It adds: "A third, lesser factor is the difference in how much of the recoveries on defaulted loans the government retains in the two programs. Finally, a small portion can be ascribed to the fact that the subsidy calculations for the two programs treat administrative costs
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