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Delinquency levels high for HBCU loan program

The GAO and a group of Democratic legislators have suggested that the Education Department should modify the program and do more outreach to public universities, which could expand it. Only 13 of the participating schools are public institutions. The GAO also said that weighing the benefits of loan modifications against program costs and other risks would be helpful.

Rep. Bobby Scott of Virginia has said he supports the recommendations from the GAO.

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