
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, April 12, 1990                   TAG: 9004120282
SECTION: BUSINESS                    PAGE: C8   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

BRIEFLY . . .

Directors of Heilig-Meyers Co., a Richmond furniture chain operating stores in Southwest Virginia, have raised the company's quarterly dividend from 10 to 11 cents a share with the payment of May 26.

\ The student loan default rate has dipped slightly and Education Department officials said Wednesday they will study the statistics to see if a trend may be emerging. The overall default rate dropped from 17.3 percent in 1987 to 15.6 percent in fiscal 1988. In fiscal 1986, the default rate was 21 percent.

by CNB