While legal action to collect defaulted student loans is required, an equally important aspect of the student loan dilemma is to identify ways institutions can reduce the rate of future defaults. "Due diligence" procedures are discussed, as well as other administrative measures helpful to institutions. (MLW)

Soaring costs of health care reflect the cost of education for health professionals, since young podiatric professionals face staggering debts upon graduation. Federally insured student loans, Health Professions Student Loan Program, National Direct Student Loan Program, and Health Education Assistance Loan (HEAL) are discussed. (MLW)

The use of a student loan secondary market by a lender under the federally guaranteed Stafford Student Loan Program can be a shock to a student unfamiliar with the role secondary markets play. The first student loan secondary market (Student Loan Marketing Association, or Sallie Mae) was created in 1973. (MLW)

Outlines design issues involved with introducing an income-contingent, college student-loan program and describes the solutions adopted by Australian and New Zealand governments. Uses dynamic microsimulation to simulate the likely future repayment profiles for two Australian ICL schemes and assesses the proportion of total debt repaid. (19…

This article describes the operation of the student loan program in Nigeria, including its past problems and current attempts of the Nigerian Students Loans Board to improve efficiency of loan collection. It proposes the establishment of a new Education Bank to finance student loans and other forms of investment in higher education. (Author/DB)

Proposes a remodeled funding system for UK higher education that incorporates a graduate tax system and reduces dependency on general taxation. Estimates this system's effects on available resources, economic attractiveness to students, and implications for public expenditure. Proposal offers a non-means-tested grant for students, combined with an…

New England institutions have long been in the forefront of recruiting foreign students. Recently, the numbers of foreign students studying in the United States has declined partly as a result of visa problems, widespread perceptions that the United States no longer welcomes foreign students and increasing anti-Americanism abroad. The primary…

This purpose of this Act is to amend and extend the Higher Education Act of 1965, and for other purposes. This Act includes the following titles: (1) General Provisions; (2) Teacher Quality Enhancement; (3) Institutional Aid; (4) Student Assistance (Grants to Students in Attendance at Institutions of Higher Education, Federal Family Education Loan…

This handy desk reference will help readers and their institutions develop and maintain a professional environment that will maximize efficiencies and provide the necessary skills to properly manage operations and portfolios while ensuring that students receive fair and equitable service and opportunities. Written for business officers, financial…

Next week, President George W. Bush will submit his eighth and final budget request to the Congress. How has he fared with respect to education budget proposals thus far? Answer: although President Bush made the No Child Left Behind Act, which deals with elementary and secondary education, the hallmark of his education policy, from a federal…

This case study explores devolution of low-income student subsidies, via the national student loans program, from the central to local governments in Latvia by means of decentralizing political and financial responsibility to provide public assistance to low-income students in obtaining funds for higher education. It describes municipal engagement…

This state-mandated study examined the needs of Iowa chiropractic students and the Iowa demand for chiropractic health care in order to determine the feasibility of establishing a chiropractic forgivable loan program. The project used financial aid data and repayment rate data to evaluate the need for financial aid for chiropractic students;…

This report provides an evaluation of the implementation of the Federal Direct Student Loan Program (FDSLP) and the Federal Family Education Loan Program (FFELP), administered by the U.S. Department of Education (ED) to provide educational loans to postsecondary students and their families. The report recommends that ED: (1) ensure that FDSLP…

This document is intended to help institutions of postsecondary education understand their rights and responsibilities relating to school cohort default rates for the Federal Family Education Loan (FFEL)Program. Section 1 focuses on the calculation of FY 1993 official cohort default rates including how student loan activity is tracked and…

This brief pamphlet is a financial planning and repayment guide designed to help college students make informed decisions about participating in Federal Family Educational Loan Programs as administered in California through the California Student Aid Commission. Following an introduction the guide begins by suggesting that students map out a…