The Public Service Loan Forgiveness (PSLF) program was established in 2007 and forgives borrowers' remaining federal student loan balances after they have made at least 10 years of qualifying loan payments while working in public service. Starting in September 2017, the first borrowers potentially became eligible for the PSLF program and began…

Starting in September 2017, the first borrowers became eligible and began applying to have their loans forgiven through the Public Service Loan Forgiveness (PSLF) program. The US Government Accountability Office (GAO) was asked to review the PSLF program. This report examines the (1) number of borrowers pursuing PSLF and the extent to which the…

Education estimates 430,000 new teachers will be needed by 2020. It administers three programs that may help attract and retain qualified teachers by helping them finance their education. However, little is known about the efficacy of these programs. GAO was asked to examine the TEACH Grant and two loan forgiveness programs. This report examines…

This report describes progress in addressing problems identified earlier in the process of consolidating student loans under the William D. Ford Federal Direct Loan Program (FDLP) or the Federal Family Education Loan Program (FFELP). Consolidation loans allow borrowers to extend their repayment periods and may combine loans under either or both…

This article summarizes the current pattern of finance of higher education in Ghana, gives a brief history of student loans in Ghana, and describes a new program, which is administered by the Social Security and National Insurance Trust and is expected to result in a higher rate of loan repayment. (Author/DB)

This introductory article describes current research on student loans in developing countries and concludes that student loans in these countries are feasible, can promote wider cost sharing, and can help to generate additional resources for higher education but only if loan programs are well designed and efficiently managed. (Author/DB)

This study examined satisfaction of approximately 2,200 institutions of higher education that participated in the Federal Direct Loan and Federal Family Education Loan (FFEL) programs during the 1995-96 academic year. Among major findings were: (1) both Direct Loan and FFEL institutions were satisfied with their programs, although Direct Loan…

As part of a 5-year evaluation of the Direct Loan and the Federal Family Education Loan programs, 19 institutions of higher education participating in the William D. Ford Federal Direct Loan Program were visited to examine the diversity of approaches used by schools in planning for and implementing the Direct Loan program. The schools included…

This study examined satisfaction of approximately 2,200 institutions of higher education that participated in the Federal Direct Loan and Federal Family Education Loan (FFEL) programs during the 1996-97 academic year. Among major findings were: (1) both Direct Loan and FFEL institutions were satisfied with their loan programs, although FFEL…

As part of a 5-year evaluation of the William D. Ford Federal Direct Loan Program, 12 participating institutions of higher education were visited to examine the diversity of approaches used by schools in planning for and implementing the program. The schools included public and private two- and four-year institutions and proprietary schools. Major…

As part of a 5-year evaluation of the William D. Ford Federal Direct Loan Program, this study assessed the U.S. Department of Education's (ED) administration of the program. Data were obtained through interviews with ED and other federal officials, institutional surveys, reviews of documents, attendance at meetings and training events, facilitated…

This study examined the institutional satisfaction of approximately 2,250 institutions of higher education participating in the Federal Direct Loan and Federal Family Education Loan (FFEL) programs during the 1997-1998 academic year. Among major findings were: (1) both Direct Loan and FFEL institutions were satisfied with their loan programs,…

This background paper on institutional lending examines institutional lender policy in the Stafford Student Loan Program, the study of which was mandated in the 1986 reauthorization of the Higher Education Act. The paper's particular purpose, however, is to familiarize the reader with the general operation of programs and the historical…

This document reproduces the testimony on the subject of a recent General Accounting Office report on the relative federal cost of guaranteed and direct student loans in postsecondary and higher education. The comments focus on the potential federal savings associated with substituting Stafford loans with direct loans and the effect that a direct…

This publication offers a summary of a symposium designed to elicit dialogue on the costs and benefits of eliminating the restrictions on institutional lending in the Stafford Loan Program. Approximately 100 people, representing postsecondary institutions, commercial lenders, guaranty agencies, secondary markets, loan servicing groups, and…