participation by pension funds and federal savings and loan associations

participation by pension funds and federal savings and loan associations Sec. 118. (a) Section 435(g) of the Higher Education Act of 1965 (as so redesignated by section 116 of this Act) is amended by inserting before the period at the end thereof the following: “, or a pension fund approved by the Commissioner for this purpose”. (b) The third paragraph of section 5(c) or the Home Owners’ Loan Act of 1933 is amended by striking out “expenses of college or university education” and inserting in lieu thereof “expenses of college, university, or vocational education”.