Federal grant aid is seen as more costly than college work-study or loan programs. The revolving National Direct Student Loan (NDSL) funds being built at institutions have tremendous potential. For the NDSL program the interest paid by the student remains in the fund for future loans. (MLW)

Secretary of Education William J Bennett's use of for-profit schools as a metaphor for all student-loan collection problems threatens to reduce the financial options for low-income, educational at-risk youth. More grant aid is a better solution than additional barriers to student eligibility. (MSE)

Researchers, economists, and campus administrators who have followed federal student aid programs worry that businesses have turned the Guaranteed Student Loan Program into a lucrative industry that doesn't always have the students' interest in mind, and a congressional study group is also concerned about aspects of the program. (MSE)

Student loan defaults have been and are currently a serious national concern on the part of all the participants in the GSL (Guaranteed Student Loan) program. It is recognized by policymaker and practitioner alike that this threatens the quality and integrity of our federal student aid programs more than any other single issue. (CT)

The Hong Kong system of student loans for higher education has worked efficiently since 1969. Many factors in its success are location-specific, but other governments may both learn from and contribute to the Hong Kong experience. (MSE)

Discusses major characteristics of the Reagan Administration's proposal to make National Direct Student Loan repayments contingent on borrowers' income. Summarizes alternative repayment schemes and legislative action to conduct an income-contingent demonstration project for 1987 through 1991. The proposal shifts loan program costs to students and…

The reauthorization of the Higher Education Act seeks to expand access to postsecondary education by recognizing the changing demographics of the campus community and by increasing potential funding for crucial programs. Other major changes enacted during the reauthorization process are discussed. (MLW)

A variety of alternatives to traditional means of financing a college education are being developed by states and institutions in response to rising tuitions. The ideas, including novel payment and loan plans and tuition futures, are often controversial because of the risks they entail. (MSE)

LISREL (Linear Structural Relations) was employed to account for 42 percent of the variance in the persistence of 343 new freshmen financial aid recipients at a major urban university. Results indicate that financial need, student residency status, and noncampus-based loans and grants have direct effects on persistence.

A summary of data collected on financial assistance available to medical students through the Liaison Committee on Medical Education Annual Questionnaire of the Association of American Medical Colleges is presented. The 1982-83 report showed that while costs of medical education continued to increase, fewer students received financial aid. (MLW)

The federal government's student loan programs for higher education convey substantial financial benefits to borrowers because of their broad availability and favorable terms. Of the various provisions included in a federal student loan contract, the option to consolidate individual loans contributes greatly to a borrower's benefits and the cost…

This report describes student borrowing by comparing different groups of undergraduate borrowers. Two sets of borrower groups are examined: (1) high, medium, low, and nonborrowers as defined by borrowing from all sources in 1999-2000 (excluding federal Parent Loans for Undergraduate Students and loans from family or friends); and (2) Stafford loan…

Certain state or not-for-profit agencies guarantee payment to banks and other lending institutions if students fail to repay loans obtained through the Federal Family Education Loan Program. The 1998 amendments to the Higher Education Act authorize the Secretary of Education to enter into voluntary flexible agreements (VFAs) with individual…

The purpose of this study is to move beyond debates about income-contingency or non-income contingency as a means of loan repayment and focus on the specific nature of the debt burden facing students in different countries. In particular, it will explore how much students in different countries owe in student loan debt, the conditions governing…

This workbook is intended to assist schools that participate in the William D. Ford Direct Loan Program gain the necessary skills to reconcile their loan records with U.S. Department of Education data each month. After an introduction that offers general information, establishes course goals and objectives, and sets out the course agenda, the…