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The Direct Lending Debate: Making the Case for and Dispelling Myths about Direct Lending.
Butts, Thomas A.; Hicks, Elizabeth M. – Business Officer, 1992
This article presents arguments in favor of the federal government providing loans directly to higher education students (without intermediate lenders and secondary markets). It explains loan funding, processing, fund dispersal, college responsibilities, and remaining legislative hurdles. It attempts to dispel myths, such as that direct loans…
Descriptors: Credit (Finance), Educational Finance, Federal Aid, Federal Legislation
Direct Student Loans. Efforts To Resolve Lenders' Problems with Consolidations Are Under Way. Report to Congressional Requesters.
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General Accounting Office, Washington, DC. Health, Education, and Human Services Div. – 1998
This report discusses problems reported by lenders participating in the Federal Direct Loan Program (FDLP) and the Federal Family Education Loan Program (FFELP). The study examined the nature and the source of the problems experienced by the lenders, how they affected lenders, and what steps the Department of Education and Electronic Data Systems…
Descriptors: College Students, Error Patterns, Federal Aid, Federal Programs
Student Loan Collection Procedures. Revised Edition.
McAlvey, Warren C.; Price, Anne J. – 1985
Guidelines for loan collection staff who award/service college student loans are presented. Attention is directed to sound collection procedures, three specific loan programs, suing a defaulted borrower, the Family Educational Rights and Privacy Act and the use of credit bureaus, and student loan borrower bankruptcy. Loan collection procedures for…
Descriptors: College Students, Court Litigation, Credit (Finance), Debt (Financial)