Factors contributing to the current student financial aid crisis in higher education are outlined, including rising tuition costs, federal tax law changes, and a policy shift from grants to loans. Federal and state responses to the crisis are examined, and their relative merits are discussed. (MSE)

It is proposed that a recent court decision concerning default on National Health Service Corps scholarship obligations has addressed thoroughly and resolved all the arguments made by defaulting recipients, placing the scholarships in the realm of grant-in-aid programs and removing common-law defenses of the defaulting student. (MSE)

Discusses issues addressed by a Congessionally mandated panel to identify and evaluate options for infusing market forces into the student loan program. Notes possible advantages. Conflicting views of the panel's student representatives, college administrators, and lenders are reported concerning reductions of lenders' profits, removal of…

Discusses economic rationales for governmental intervention in the education market. Evaluates different proposals for financing higher education centered on three themes: more reliance on tuition fees, a shift from grants to student loan systems, and different types of voucher models. Discusses various countries' experience with such models. (56…

Debtors seeking discharge in bankruptcy of student loans should be aware of certain arguments in their favor: that the burden of persuasion should remain on the creditor throughout; the standard of proof should be the preponderance-of-the-evidence standard; and that burden of production is, for the most part, the creditor's. Recent case law is…

A college financial aid administrator argues that good student loan programs are being discontinued because of politics and territoriality, and calls on the banking industry to enter into a more productive partnership with higher education, families, and associations to solve some of the problems of student loan financing and develop good public…

Provides rates of student borrowing and average amounts borrowed in 1992-93 and 1995-96. Includes differences by control and type of institution, class level, and family income. (Author)

Some state-supported medical school programs have payback and loan repayment programs requiring physician service in rural/underserved areas. Survey of 183 University of Washington medical students from Alaska, Montana, and Idaho found half would avoid attending a medical school with mandatory payback, but half thought such a program would…

This is one American's account of the British "fear and loathing" of tuition fees. It comes from the perspective of one who has been examining international comparative higher education finance for some twenty years. In this article, the author discusses the recent policies and debates in the UK about higher education finance and…

Higher education scholars are familiar with the close relationship between American higher education and the federal government after World War II. The G.I. Bill and Cold War concerns for maintaining the nation's technological advantage made the federal government the major benefactor of postsecondary growth. The seismic shifts of that era,…

This fourth edition of the "ES Review" brings together, in one setting, some of the best work from 2009-10. It features: (1) Teacher Quality (Teachers at Work: Improving Teacher Quality Through School Design (Elena Silva); Understanding Teachers Contracts (Andrew J. Rotherham); How Teachers Unions Lost the Media (Richard Whitmire and…

The Subcommittee heard testimony from seven witnesses and statements from three senators on whether or not it is in the Federal Government's best interest to divest itself of the Student Loan Marketing Association (Sallie Mae), and the College Construction Loan Insurance Association (Connie Lee). Lawrence A. Hough of the Student Loan Marketing…

This report addresses the dollar savings described in the Government Accounting Office's (GAO) report supporting direct lending as opposed to the present guaranteed student loan program. The critique explains the changes in the GAO model assumptions and projections that are believed necessary to move from the original $4.8 billion savings to a…

An assessment of the cost-effectiveness of an initiative to target 823,278 defaulted student loans in the Debt Collection Service (DCS) for consolidation into the Direct Loan Program concluded that it was not cost-effective. The study found that the Department of Education's cost to consolidate about 80,000 DCS borrowers into the program would be…

This booklet, designed to help Colorado higher education students make informed decisions about undertaking educational loans, contains information on determining a reasonable debt level, budgeting future expenses, and available loan programs. Following an introduction, Part 1 introduces the reader to the basics of educational loans including…