(Adapted from OMB Circular A-11) Direct loan subsidy cost is the estimated long-term cost to the government of direct loans calculated on a present value basis, excluding administrative costs.
(Adapted from OMB Circular A-11) Direct loan subsidy costs includes administrative costs.
mnli hypothesis: (Adapted from OMB Circular A-11) Direct loan subsidy costs includes administrative costs. premise: (Adapted from OMB Circular A-11) Direct loan subsidy cost is the estimated long-term cost to the government of direct loans calculated on a present value basis, excluding administrative costs.