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extralegal property (PO)<br />Assets, especially houses, which lack a legal title because of the absence of a system of PROPERTY RIGHTS in that country. Often this occurs in developing countries with the consequence that the de facto owners cannot use their property as collateral for loans. In many countries, in- eluding the USA, property was held in this way by occupation rather than established title. Also known as informal ownership.
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<strong>Office of Postsecondary Education (OPE)</strong> – A division of the U.S. Department of Education that directs, coordinates, and recommends policies for programs that are designed to provide financial assistance to eligible students. May be found on the world wide web at
http://www.ed.gov/about/offices/list...ex.html?src=oc.
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<strong>ACE</strong> – American Council on Education.
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