The National Association of Student Financial Aid Administrators (NASFAA) and the Association for the Study of Higher Education (ASHE) embarked on a yearlong effort to identify and examine ways to make financial aid research more relevant to financial aid practitioners. To inform their recommendations, they surveyed NASFAA members, reviewed the…

This report serves as a comprehensive resource of accurate and timely indicators of higher education performance in Minnesota. This report provides historical and national comparisons to contextualize state data. "Minnesota Measures" also offers Minnesota postsecondary peer institution comparisons. As possible, indicators are…

This report provides a resource of accurate, timely and comprehensive facts about higher education in Minnesota. It includes comparisons over time as well as national and peer institution comparisons to add context for the interpretation of the data. It is expected to be used by a number of stakeholder groups such as legislators, educators and…

This directory lists changes to the list of the low-income schools at which teachers with loans from the Federal Perkins Loan and national Direct Student Loan programs can have a portion of their loans canceled for each year of teaching service. A list of state agency contact persons precedes the main body of the directory. Listings are…

The four articles in this journal issue examine the pros and cons of the proposition that credit card rates are too high. In "How Congress and Consumers Will Crack the Credit Card Market," Congressman Charles E. Schumer argues that banks can get away with their excessive rates because of consumer misinformation and the unfair competitive edge held…

This 6-page pamphlet shares what the Student Financial Assistance (SFA) Office of the Ombudsman has learned from cases it has handled. An initial section offers information on the case management process, noting that the ombudsman process depends on the case's complexity and that many are revolved quickly. Next, it examines customer-reported case…

An Illinois pooled investment program provides a comprehensive money management service for schools at the lowest possible cost. By pooling the dollar needs of both large and small borrowers, interest rates are reduced. (MLF)

Presented is an interactive PASCAL computer program that computes the true mortgage interest rate. The half-interval technique, a method from numerical analysis, is incorporated into the program algorithm to approximate a solution of a continuous function on a closed interval. (JJK)

Suggests strategies for finding an appropriate bank for a day care center, maintaining a good relationship with a bank once one has been selected, and obtaining and repaying a day care center loan. (SKC)

The means by which students can discharge loan obligations through bankruptcy are reviewed, and issues and procedures for the institution-creditor to consider are presented. (MSE)

Intended for financial aid counselors, this document provides guidelines to the Federal Direct Consolidation Loan Program for borrowers who are in school, as well as those in repayment, or in default. An introductory section explains the basics of the consolidated loan program, loan categories, and interest rates. Next, standards for borrower…

Provisions of the U.S. Bankruptcy Code that affect the right of colleges to withhold transcripts as a means of collecting student debts are considered. Automatic stay provisions state that the filing of a petition for bankruptcy relief prohibits actions to collect obligations of the debtor. The discharge injunction provides that once a discharge…

Student loans have become an essential ingredient of financial planning for college. The Guaranteed Student Loan Program's default rate is over 10 percent. World Bank and other international data suggest three solutions: longer repayment terms, graduated repayment schedules, and forgiveness for individuals choosing public service. (8 references)…

This guide, which is sent to postsecondary schools, provides them with draft cohort default rates for student loans under the Federal Family Education Loan (FFEL) Program and the William D. Ford Federal Direct Loan Program. The guide is intended to assist schools in understanding how a cohort default rate is calculated, reviewing loan record…

Discusses major characteristics of the Reagan Administration's proposal to make National Direct Student Loan repayments contingent on borrowers' income. Summarizes alternative repayment schemes and legislative action to conduct an income-contingent demonstration project for 1987 through 1991. The proposal shifts loan program costs to students and…