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Colleges and universities must be ready within weeks to secure commitments to students, including prospective freshmen and transfers. Proposed shifts to commercial lending are considered too time-critical, with uncertainty about lender readiness, credit supply, and interest costs. The testimony supports facility grants and loans while requesting no changes this year and full FY 1967 appropriations.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/ace-urges-postponing-any-changes-in-ndea-student-loan-program-report-excerpts/325286/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/ace-urges-postponing-any-changes-in-ndea-student-loan-program-report-excerpts/325286.png","ImageObject",300,407,{"name":92,"@type":93},"Eliana","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-29","2026-09-21",true,{"@type":102,"interactionType":103,"userInteractionCount":39},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"Why does ACE urge postponing changes to the NDEA student loan program in 1966?","Question",{"text":112,"@type":113},"Because colleges and universities need sufficient time to meet existing student loan commitments within two or three weeks, and the proposed transition would not be ready in that timeframe.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What change is the Administration proposing for the NDEA loan program?",{"text":117,"@type":113},"Shifting NDEA student loan needs to be met through the commercial lending market instead of the program as currently structured.",{"name":119,"@type":110,"acceptedAnswer":120},"What funding authorizations does Dr. King support in the bill?",{"text":121,"@type":113},"The testimony supports authorizing grants for undergraduate academic facilities, grants for graduate academic facilities, loans for both graduate and undergraduate facilities, and funding to strengthen developing institutions.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},325286,1790303603,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":39,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":29,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":144,"preview_page_count":4},4398048949847,"https://ap-avatar.wpscdn.com/avatar/400002536579ef2da7f?_k=1778318612642679267","Volume XV,Number 7  \n# ACE Urges PostponingAny Changes in NDEAStudent Loan Program\n\nHigher EducationandNational Affairs  \nCommittee on Higher AdultEducation Formed By Council*    *    *  \nReport Shows Two-Year GainIn College Faculty Salaries  \nAmerican Council on Education·1785 Massachusetts Avenue,N.W.,Washington 36,D.C.  \nMarch 14,1966  \nIn testimony presented March 14,a spokesman for the American Councilon Education urged the Congress to make no change in the National De-fense Student Loan Program this year in order to enable colleges anduniversities to meet their loan commitments to students.  \nDr.John E.King,president of Kansas State Teachers College,recommended that ifany changes are made in the NDEA loan program,as the Johnson Administration has pro-posed,they be delayed until fiscal year 1968 \"so that the Congress,the banking community,and the higher education community may better assess their impact.\"The Administrationhas proposed shifting the NDEA loan program to one in which student loan needs would be metthrough the commercial lending market(see Bulletin,Vol.XV,No.6).  \nDr.King said there is not sufficient time this year to make the transition since collegesand universities must be in a position within two or three weeks to assure students of anability to meet loan commitments.  \nHe testified before the House Special Subcommittee on Education on the Administration'sidentical higher education bills,H.R.13174 and H.R.13237.In addition to representing theCouncil,he spoke for the Association of American Colleges.  \nHe supported provisions in the bill authorizing $453 million in grants for undergraduateacademic facilities,$60 million in grants for construction of graduate academic facilities,$200 million in loans for both graduate and undergraduate facilities,and $30 million tostrengthen the so-called developing institutions.  \nHowever,he said,\"it is almost certain we would have been requesting sharply increasedauthorizations for all three titles of the Higher Education Facilities Act!were it not for \"thecritical nature of the times.  \nHe noted that \"virtually every piece of legislation pertaining to higher education encouragesa greater percentage of young people'to go to college.  \n\"If we may look down the road ahead,we are forced to the conclusion that we must comeback to you in future years and ask you to give us greater assistance in the building of neededfacilities.This will require much larger authorizations and a sharp increase in the Federalshare,so that all institutions may play their part in carrying the load of increased studentenrollments,\"he said.  \nFollowing are excerpts from Dr.King's testimony regarding the proposed changes in theNDEA student loan program.  \nA year ago the Council supported the guarantee loan program contained inPublic Law 89-329.We saw it as a means through which students from middle andupper-middle income families might be assisted to meet the increasing costs ofhigher education.We foresaw at that time that this new program might eventuallypick up a share,perhaps a large share,of the loans being made to needy studentsunder NDEA.We were not,and are not now,opposed to such an evolutionaryprocess.  \n*       *       *  \nNevertheless,we must oppose certain specific provisions contained in the billand ask for a postponement of certain others in order that there may be time forstudy and the application of experience.  \nBefore there was any thought that the NDEA program might be terminated orphased out,institutions had already indicated to the Office of Education that theirneed for funds for the federal share of the NDEA program would be in excess of$200 million in 1966 and 1967.This was over and above the $750 million that mightbe loaned by banks under the guarantee program.It is now mid-March.Collegesand universities have made moral commitments to hundreds of thousands of theirstudents and must be in a position in two or three weeks to assure them of an abilityto meet those commitments if th","cbCaiqAqEUK2aOzJ","https://ap.wps.com/l/cbCaiqAqEUK2aOzJ","pdf",418950,"English","# ACE Urges Postponing Any Changes in NDEA Student Loan Program\n## Rationale for no change this year\n## Proposed shift to commercial lending\n## Supported authorizations and facility funding","[{\"question\":\"Why does ACE urge postponing changes to the NDEA student loan program in 1966?\",\"answer\":\"Because colleges and universities need sufficient time to meet existing student loan commitments within two or three weeks, and the proposed transition would not be ready in that timeframe.\"},{\"question\":\"What change is the Administration proposing for the NDEA loan program?\",\"answer\":\"Shifting NDEA student loan needs to be met through the commercial lending market instead of the program as currently structured.\"},{\"question\":\"What funding authorizations does Dr. King support in the bill?\",\"answer\":\"The testimony supports authorizing grants for undergraduate academic facilities, grants for graduate academic facilities, loans for both graduate and undergraduate facilities, and funding to strengthen developing institutions.\"}]","ACE Urges Postponing Any Changes in NDEA Student Loan Program - Report Excerpts | PDF",1789970130,15]