126th MAINE LEGISLATURE
LD 351 LR 396(01)
An Act To Authorize the Provision of Insurance on Student Loans
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Cain of Penobscot
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Potential liability increase - Other Funds
Fiscal Detail and Notes
Authorizing the Finance Authority of Maine to provide loan insurance on supplemental student loans increases its exposure to default risk.