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<strong>Electronic Access Conference (EAC)</strong> – An annual conference sponsored by the U.S. Department of Education.
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industrial and employment policies when much of their industrial sector is controlled by foreign-owned entities.<br /> Many controls have been suggested to reduce what are seen to be the less attractive effects of multinationals: governments and trade unions lay down strict conditions for foreign countries wishing to invest, fiscal devices are used to maintain tax revenues and domestically owned multinationals are monitored. In extreme cases, exasperated national governments have nationalized the assets of foreignowned subsidiaries, but in many cases this has been as sensible as cutting the hands off a worker and expecting the severed hands to do the same work as before - a subsidiary, unsupported by the services of the rest of the corporation, is a poor shadow of its former self. Despite so many attempts to curb the activities of multinationals, they continue to grow, enjoying all the benefits of ECONOMIES OF SCALE and retaining their status as major world economic institutions.<br /><em>Reference</em><br />Caves, R.E. (1982) Multinational Enterprise and Economic Analysis, Cambridge: Cambridge University Press.
<strong>Servicer</strong> – An entity that enters into a contract with a program participant to administer any aspect of its participation in a Title IV program. Schools, lenders, secondary markets, guarantors, and the federal government may all employ servicers. MOHELA, Nelnet, and Sallie Mae are all FFEL Program servicers operating in the state of Missouri.
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<strong>Coordinating Board for Higher Education (CBHE)</strong> – The governing body overseeing the Missouri Department of Higher Education. The CBHE is comprised of 9 board members and meets 5 times each year.
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