This paper analyzes the factors associated with student loan default in the Guaranteed Student Loan (GSL) program for higher education. The paper provides an overview of the National Postsecondary Student Aid Study (NPSAS) Student Loan Recipient Survey, and, using data from the survey, presents a descriptive analysis of student loan recipients and…

This document presents hearing testimony and prepared statements, letters, and supplemental material concerning the use of the United States tax collection system for collecting postsecondary education student loans and developing a repayment system that is income-sensitive. Among those presenting testimony are the following: Michael S. Bigelow,…

This document provides testimony, prepared statements, articles, publications, and other materials concerning the issue of augmenting current student financial assistance programs with the addition of direct student loans (Self Reliance Loans), and examines responsible ways in which the federal government should move in this direction. Among the…

This report presents the results of a U.S. General Accounting Office (GAO) review of lender and Department of Education controls over the accuracy of lender-submitted quarterly billings under the Federal Family Education Loan Program, also known as the guaranteed student loan program. It reports that both lenders and the Department of Education…

This advisory report investigates the possible simplification of the Federal Family Education Loan Program (FFELP) and considers the issue of federal direct lending. The evaluation indicates that complexity in the FFELP is due to multiple, overlapping loan programs with conflicting terms and conditions. Nonstandard policies, procedures, forms, and…

This guide is intended to assist institutions of higher education as they evaluate the efficiency and effectiveness of their administration of financial aid programs and compliance with federal laws and regulations, especially Title IV of the Higher Education Act. The guide goes beyond federal requirements to include other good administrative…

This document contains testimony and prepared statements presented at a hearing held on the initiative of the U.S. Student Association as the kick-off for a series of student-led regional hearings on the Higher Education Act and particularly the financial implications that students and families from across the United States to be held across the…

This report summarizes Colorado student aid program expenditures for 1992-93. The report reveals that: (1) the Colorado General Assembly provided $37.2 million for Colorado student aid programs for the 1992-93 fiscal year; (2) the total number of state aid awards and the average award increased in 1992-93 to an average of $908; (3) financial aid…

This summary report presents major findings of a study comparing repayment of student loans and the impact of educational debt on students' life decisions in 1985 and 1991. A survey was sent to a random sample of approximately 3,000 borrowers during repayment of their student loans in both 1985 and 1991. Useable surveys were received from 628…

This guide, the seventh in a set of nine, presents a summary of financial assistance available to students of forestry, agriculture, fishing, and veterinary medicine for obtaining a certificate, diploma, or degree after Standard 10 at a university, college, or technikon located in South Africa. The bursaries, loans, and other forms of financial…

This monograph consists, first, of a brief discussion of the methodology of a study comparing repayment of student loans and the impact of educational debt on students' life decisions in 1985 and 1991, and second, of extensive tables, profiles, and appendices which detail the study's findings. A survey was sent to a random sample of approximately…

This document presents seven papers that address several aspects of the new direct lending federal loan program established by the Student Loan Reform Act of 1993. Among the topics examined are the following: (1) the experiences with implementing new student aid programs; (2) the policy questions involved in lending in proprietary (profit-making)…

This document presents oral testimony and prepared statements on the subject of federal student loan programs identified as particularly vulnerable to fraud, waste, and abuse. Opening statements by the four Senators (Nunn, Kohl, Roth, and Levin) stress the seriousness of increasing student loan defaults and abuses by proprietary, for profit, trade…

This document reports oral testimony and prepared statements of persons who testified at hearings on abuses in federal student aid programs. Witnesses included proprietary school owners, officials from accrediting bodies and other educational organizations. Their testimonies focused on the various problems and discrepancies occurring within the…

Designed for advisors, administrators, and others who may assist disabled students in finding financial assistance for postsecondary education, this newsletter presents a discussion of the current status of federal financial aid legislation and related Vocational Rehabilitation agencies. Topics include private scholarship information, a 1983…