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FREE TRADE; RICARDO viewed it as an encouragement to production which would expand agriculture, a form of production subject to the LAW OF DIMINISHING RETURNS, and bring about a decline in the rate of profit and a STATIONARY STATE in the economy. The growing manufacturing interest also opposed these laws as PROTECTION kept up food prices and wages. The laws were repealed by the government led by Sir Robert Peel in 1846.<br /><em>Reference</em><br />Kadish, A. (ed.) (1996) The Corn Laws: The formation of popular economics in Britain, London: Pickering.
<strong>Master Promissory Note (MPN)</strong> – A common form that allows a student or parent to borrow multiple loans for multiple academic years and providing repayment obigations information (rights and responsibilities). A signed borrower MPN is required before student loan funds can be disbursed to the school.
<strong>LSDA</strong> – Late Stage Delinquency Assistance. Refers to procedures followed by Student Loan Counseling Services (SLCS) when a loan is 241 days delinquent or more. The MDHE contracts with SLCS for default aversion assistance services.
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<strong>Termination</strong> – withdrawal of the eligibility of a school, lender, or servicer to participate in a guarantor' s programs.
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