The Secretary shall establish a plan, in coordination with activities under sections 2006a, 2006b, 2006c, and 2006d of this title, to encourage each borrower with an outstanding loan under this subchapter or with respect to whom there is an outstanding guarantee under this subchapter to graduate to private commercial or other sources of credit.
Pub. L. 87–128, title III, § 319Pub. L. 102–554, § 9106 Stat. 4150Pub. L. 104–127, title VI, § 617110 Stat. 1090Pub. L. 113–79, title V, § 5107128 Stat. 838(, as added , , ; amended , , ; , , .)
Editorial Notes
Amendments
Pub. L. 113–792014— struck out subsec. (a) designation and heading before “The Secretary” and struck out subsec. (b) which related to limitation on period borrowers were eligible for guaranteed assistance under this subchapter and contained transition rule.
Pub. L. 104–1271996—Subsec. (b). added subsec. (b) and struck out former subsec. (b) which provided for limitation on period for which borrowers were eligible for assistance under this subchapter and contained transition rule.
Statutory Notes and Related Subsidiaries
Suspension of Limitation on Period for Which Borrowers Are Eligible for Guaranteed Assistance
Pub. L. 107–171, title V, § 5102116 Stat. 343Pub. L. 109–467, § 1120 Stat. 3485Pub. L. 110–234, title V, § 5103122 Stat. 1146Pub. L. 110–246, § 4(a)122 Stat. 16647 U.S.C. 1949(b), , , as amended by , , ; , , ; , title V, § 5103, , , 1908, provided for the suspension of former limitation on period borrowers were eligible for guaranteed assistance, beginning , and ending .