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20 U.S.C. · Education
20 U.S.C. § 1087hh

General authority of Secretary

Ch. 28 — HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE
Title 20 U.S.C. ● ACTIVE Primary Source Ch. 28
Statutory Text

20 U.S.C. § 1087hh — General authority of Secretary

U.S.C. Title 20 - EDUCATION 20 U.S.C. United States Code, 2023 Edition Title 20 - EDUCATION CHAPTER 28 - HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE SUBCHAPTER IV - STUDENT ASSISTANCE Part E - Federal Perkins Loans Sec. 1087hh - General authority of Secretary From the U.S. Government Publishing Office, www.gpo.gov

§1087hh. General authority of Secretary

In carrying out the provisions of this part, the Secretary is authorized— (1) to consent to modification, with respect to rate of interest, time of payment of any installment of principal and interest or any portion thereof, or any other provision of any note evidencing a loan which has been made under this part; (2) to enforce, pay, compromise, waive, or release any right, title, claim, lien, or demand, however acquired, including any equity or any right of redemption; (3) to conduct litigation in accordance with the provisions of section 1082(a)(2) of this title; and (4) to enter into a contract or other arrangement with State or nonprofit agencies and, on a competitive basis, with collection agencies for servicing and collection of loans under this part.

(Pub. L. 89–329, title IV, §468, as added Pub. L. 99–498, title IV, §405(a), Oct. 17, 1986, 100 Stat. 1454.)

Editorial Notes

Prior Provisions A prior section 1087hh, Pub. L. 89–329, title IV, §468, as added Pub. L. 96–374, title IV, §442(a), Oct. 3, 1980, 94 Stat. 1437, related to alternative source of funds, prior to the general revision of this part by Pub. L. 99–498. A prior section 1087ii, Pub. L. 89–329, title IV, §469, as added Pub. L. 96–374, title IV, §442(a), Oct. 3, 1980, 94 Stat. 1439, related to recapture of current balance of student loan funds, prior to the general revision of this part by Pub. L. 99–498.

Source: uscode.house.gov — public domain Official Source ↗
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20 U.S.C. § 1087hh
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The statutory text of 20 U.S.C. § 1087hh is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 20 U.S.C. § 1087gg 20 U.S.C. § 1087ii →
Ch. 28 — HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE
20 U.S.C. § 100120 U.S.C. § 100220 U.S.C. § 100320 U.S.C. § 101120 U.S.C. § 1011a20 U.S.C. § 1011b20 U.S.C. § 1011c20 U.S.C. § 1011d20 U.S.C. § 1011e20 U.S.C. § 1011f20 U.S.C. § 1011g20 U.S.C. § 1011h20 U.S.C. § 1011i20 U.S.C. § 1011j20 U.S.C. § 1011k20 U.S.C. § 1011l20 U.S.C. § 1011m20 U.S.C. § 101520 U.S.C. § 1015a20 U.S.C. § 1015b20 U.S.C. § 1015c20 U.S.C. § 1015d20 U.S.C. § 1015e20 U.S.C. § 1015f20 U.S.C. § 101820 U.S.C. § 1018a20 U.S.C. § 1018b20 U.S.C. § 101920 U.S.C. § 1019a20 U.S.C. § 1019b
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