42 U.S.C. § 292 — Statement of purpose

submitted 82 years ago by Pub. L. 102-408 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 38 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section explains the purpose of the student loan program described in this subpart. It exists so the Secretary can offer federally insured student loans to students at eligible health-profession schools.

This section's purpose is to let the Secretary run a federal program that insures student loans. The loans go to students — and some former students — at "eligible institutions," a term defined in section 292o of this title.

the actual law source: uscode.house.gov ↗public domain

The purpose of this subpart is to enable the Secretary to provide a Federal program of student loan insurance for students in (and certain former students of) eligible institutions (as defined in section 292o of this title).

Source credit: (July 1, 1944, ch. 373, title VII, § 701, as added Pub. L. 102–408, title I, § 102, Oct. 13, 1992, 106 Stat. 1994.)

history & why it existsrecord from the source credit

1944Enacted · Pub. L. 102-408 · 106 Stat. 1994

A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-408 on 1944-07-01.

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