SALE OF COLLEGE FACILITIES AND HOUSING LOANS.

SEC. 3101. SALE OF COLLEGE FACILITIES AND HOUSING LOANS. Section 783 of the Higher Education Act of 1965 (20 U.S.C. 11321–2) is amended by adding at the end thereof the following: “Notwithstanding any other provision of this title, after September 30, 1988, the Secretary shall not sell any of such obligations. Any agreement providing for delaying payment (with respect to obligations sold) until after September 30, 1988, or for delaying delivery of such obligations or delaying taking other actions in furtherance of such a sale until after such date, shall be considered to be a violation of the preceding sentence.”.