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Bittle, Edgar H. – School Business Affairs, 1987
Reviews provisions of the Tax Reform Act (1986) affecting schools that issue bonds, notes, or warrants. While interest on school financing will remain tax-exempt, school officials will need to master new concepts involving private agency bonds and arbitrage restrictions. Further erosion of schools' tax-exempt status is likely. (MLH)
Descriptors: Educational Finance, Elementary Secondary Education, Finance Reform, Financial Problems
Peer reviewedDresch, Stephen P. – Economics of Education Review, 1986
Following a brief critical review of the federally sponsored student loan system, this paper develops fundamental principles for overhauling the system and creating an Educational Credit Trust. This federally chartered corporation would determine lender eligibility requirements, monitor lenders' financial performance, and sanction student loan…
Descriptors: Credit (Finance), Educational Finance, Finance Reform, Higher Education
