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Alexandra Hegji; Sylvia L. Bryan; Elayne J. Heisler – Congressional Research Service, 2024
The number and availability of service-contingent loan forgiveness and loan repayment programs have expanded considerably since the establishment of the first major federal loan forgiveness program under the National Defense Education Act of 1958. This report provides information on federally authorized service-contingent student loan forgiveness…
Descriptors: Student Financial Aid, Loan Repayment, Public Agencies, Financial Support
Sherman, Tina Won; Emrey-Arras, Melissa – US Government Accountability Office, 2021
At a time when student loan debt continues to mount for many, the Public Student Loan Forgiveness (PSLF) program--established in 2007 and administered by Education--is intended to encourage individuals to pursue careers in public service. Senate Report 116-48 included a provision for the Government Accountability Office (GAO) to study the…
Descriptors: Student Financial Aid, Loan Repayment, Program Descriptions, Public Service
Stewart, Pearl – Diverse: Issues in Higher Education, 2012
Recent reports point to soaring student loan debt and high rates of default as impediments to financial security for millions of Americans. A number of colleges and universities have addressed the issue with initiatives ranging from financial fixes to bold new models of higher education. The Institute for College Access and Success (TICAS)…
Descriptors: Grants, Student Loan Programs, Income, Debt (Financial)
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Lough, Benjamin J. – International Journal of Educational Development, 2010
Although many strategies are proposed to reduce the opportunity gap in higher education between and within countries, student loans with cost recovery measures are often preferred during times of fiscal constraint. This study briefly reviews the benefits and challenges of student loans over other forms of financial aid and presents the case for…
Descriptors: Higher Education, Student Financial Aid, Nonprofit Organizations, Private Sector