Ohio Student-Aid Agency to Dissolve Itself

By Jeanne Ponessa

In a nod to the changing landscape of financial-aid policy, an Ohio agency that guarantees student loans has moved to abolish itself.

The commissioners of the Ohio Student Aid Commission voted last month to begin proceedings to dissolve the 33-year-old agency. They are awaiting word from officials at the U.S. Department of Education, who will determine which group would take over loans guaranteed by the commission.

The decision by the Ohio agency is the latest in a series of similar moves recently by loan-guarantee...

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