Question
I am asking about personal loans?
Answer
The Higher Education Act of 1965 (Pub. L. No. 89-329) was legislation signed into United States law on November 8, 1965 as part of President Lyndon Johnson's Great Society domestic agenda. The law was intended “to strengthen the educational resources of our colleges and universities and to provide financial assistance for students in postsecondary and higher education.” It increased federal money given to universities, created scholarships and low-interest loans for students, and established a National Teachers Corps.
— Source: Wikipedia (www.wikipedia.org)