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Restrictions placed on S&Ls at their creation via the Federal Home. and loan (S&L) crisis led to the failure of nearly a third of the 3,234 savings and loan associations in the United States.

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A Texas man was arrested by U.S. Marshals last week for not paying his $1,500 federal student loan — for 29 years. Paul Aker was arrested at his home and later brought before a judge to sign a.

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