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<strong>ACT</strong> – American College Testing, a college assessment test administered by ACT, Inc.

indicative planning (P4)<br />Central ECONOMIC PLANNING based On influential forecasts that indicate the future direction of a national ECONOMY. Fiscal inducements, rather than governmental direction as in the traditional soviET-TYPE ECONOMY, are used to encourage private sector firms to carry out sufficient investment. Although ROBERTSON argued as early as 1915 that business fluctuations could be reduced by the joint forecasting of business investment, the major implementation of indicative planning has been in France since 1946 under the original Monnet Plan and its many successors. In the UK, the
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<strong>Federal Family Education Loan Program (FFELP)</strong> – Federal student loans that were authorized by Title IV, Part B, of the Higher Education Act of 1965, as amended. FFEL Program loans are funded by private lenders and are guaranteed by state agencies or other non-profit organizations. FFEL Program loans include Federal Stafford (subsidized and unsubsidized), Federal PLUS (for parents or for graduate/professional students), and Federal Consolidation Loans.

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