Kudos to Governor Beebe and the Legislative Council. It is not often I can say this, but the State of Arkansas reacted quickly and efficiently to the Arkansas student loan crisis. The Governor offered the SLA an $80 million dollar loan from the state coffers to help the Authority get through this credit squeeze. This will enable it to offer student loans in the fall as normal.
Fast, decisive, and smart action by the government of Arkansas. This is such a rarity that I am in shock.
Thursday, April 24, 2008
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