ENT-26 REDUCE INTEREST SUBSIDIES FOR STAFFORD LOANS

                               Annual Savings              Cumulative
                            (Millions of dollars            Five-Year
Savings from     -----------------------------------------   Savings
CBO Baseline     1994     1995      1996     1997     1998
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                  Require Students to Pay In-School Interest

Outlays         1,300    1,950     2,050    2,100    2,150      9,550

                            Reduce Lenders' Yields

Outlays           220      330       330      320      320      1,500
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