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)

A study at California State University, Fresno investigated the relationship between Perkins' Loan recipients' (n=429) credit records, loan default rates, and age. For eight different age groups, credit checks revealed student distribution in four credit categories. Results show credit checks could have saved the program a great deal of money.…

A guide for college administrators who are responsible for loan collection in the repayment of National Direct Student Loans (NDSL) is presented. Attention is focused on the difficulties created by loans with different terms and conditions. Repayment terms are discussed, and formulas are presented that are necessary to calculate the number and…

The rule of 78 is used by banks and loan companies to compute the amounts due when installment loans are paid early. Describes an unexpected case of negative amortization when the rule is applied. Presents an actual problem and discusses the case. (YP)

Discusses the mathematics involved in comparing the purchase of an automobile with cash versus with a loan. Investigates two scenarios: (1) if a loan is taken out and the cash price is invested at a fixed rate, and (2) if cash is paid and monthly payments are invested over the period of the loan. (MDH)

This report lists postsecondary schools with official student loan default rates of 40.0 percent or greater for fiscal year 1996. Schools are listed in state order. Provided for each listing is a code indicating the types of loan programs in which the school is currently participating, an identification number, school name and address, the fiscal…

This guide is designed to help school financial aid administrators provide effective entrance counseling for first-time student borrowers of subsidized Federal Direct Stafford/Ford Loans and Federal Direct Unsubsidized Stafford/Ford Loans. A section on what is required for entrance counseling specifies both regulatory requirements and the…

Part of a series of classroom aids designed for real estate instructors, this instructional packet was developed to help real estate students understand the rules, regulations, and laws governing home foreclosures under deeds of trust in Texas. Information on home foreclosures is presented, covering: (1) the three elements of a proper foreclosure;…

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…

The characteristics of student loan borrowers and differences between those who repay their loans and those who default are examined. Data are based on the New York State Higher Education Services Corporation Guaranteed Student Loan database and responses to a questionnaire mailed in spring 1984 to a sample of New York State student loan…

Intended to provide secondary students with information on the federal budget, this kit provides a teacher's guide, a test, a crossword puzzle, and a series of reproducible graphs and handouts focusing on budget deficits and the national debt. Study materials and graphics are based almost entirely on articles and graphics found in "U.S. News…

This guide is intended to help school financial aid administrators meet the requirement that they provide in-person exit counseling to borrowers of Federal Direct Stafford/Ford Loans (direct subsidized) and Federal Direct Unsubsidized Stafford/Ford Loans (direct unsubsidized). The guide is intended to be used with a companion video and a guide for…

Historical data concerning the federal Guaranteed Student Loan Program/Stafford Student Loan Program/Family Education Loan Program are presented, tracing default rates since 1980 and the population distributions for borrowers by institution type (overall, collegiate, noncollegiate, public or private, two- or four-year, proprietary). Individual…

A mathematical model or project analysis that calculates the financial return from home ownership is described. This analysis illustrates topics such as compound interest, annuities, amortization schedules, internal rate of return, and other elements of school and college mathematics up through numerical analysis. (KR)

A survey of Rush Medical College (Illinois) alumni included questions concerning indebtedness and its perceived effect on professional and personal lives. Results show little effect on practice setting and family plans, but substantial reported impact on lifestyle. Specialization and debt change over time were also factors. (MSE)