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Download full textMerisotis, Jamie P. – 1988
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…
Descriptors: Colleges, Educational Finance, Federal Programs, Financial Services
Peer reviewedEglin, Joseph J. – Society, 1993
Reviews problems with the Stafford Student Loan Program (Federal Family Educational Loan Program), including high-risk borrowers, dishonest school officials, negligent lenders, and guaranty agencies. Critiques recent reform measures designed to simplify the program. Suggests alternative policies, particularly direct loans from the federal…
Descriptors: Accountability, Administrative Problems, Banking, College Students
