Describes a study of Guaranteed Student Loans (GSL) access in proprietary schools. The study was to determine the extent to which proprietary vocational students have access to and make use of GSLs; and to identify major trends that may affect this access and use. (CT)

This report examines some of the major issues that Congress is likely to confront in considering future use of student aid programs by proprietary school students. Chapter 1 presents an historical overview of proprietary school participation in Title IV student aid programs and Chapter 2 explores the current participation of proprietary school…

The Congressional hearing examined abuse, mismanagement, and fraud in student loan programs focusing on the fraudulent activities of proprietary schools. Witnesses included officials of the Department of Education including:(1) Laura F. Cavazos, Secretary; (2) Ernest C. Canellos, Student Financial Assistance; (3) John S. Haines, Debt Collection…

Colleges and universities will be held directly responsible for loan repayments by their former students. Most postsecondary institutions with default rates of more than 20% are for-profit trade schools, community colleges, or historically Black colleges. (MLW)

Creating separate student-aid programs for the proprietary and nonprofit sectors of higher education will be one of the most bitterly debated issues in the upcoming reauthorization of higher education law. A major point of contention is the matter of hugely disproportionate default rates among students in the different sectors. (MLW)

This report, based on the 1987 National Postsecondary Student Aid Study, provides information on how different sources and types of student financial aid were combined to produce student aid awards or packages for 34,544 undergraduate students. First, aid awards are examined by the source of aid; second, by the type of aid; and third, by a…

The congressional hearing report scrutinized the role of banks, guarantee agencies, student loan secondary markets, and loan servicers in the operation of federal student aid programs. Program weaknesses which have contributed towards to abuse and fraudulent practices of federally backed student loans were identified. Witnesses included officials…

Information is presented on student default rates at 7,800 postsecondary schools. The report builds on previous data and offers a summary analysis of the approximately 1.2 million 1983 borrowers' rates of default by kinds of schools that borrowers and defaulters attended and length in years of their schools' academic programs. Information is…

Defaults on guaranteed student loans were examined in a sample of 4,617 students in proprietary vocational schools and community colleges in California. Default rates stemmed largely from students' background characteristics, rather than from characteristics or practices of the institutions they attend. (SLD)

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…

Types of student financial aid are described, and data are presented on student financial aid at Arizona postsecondary institutions for 1972-1981. In 1980-1981, 214,107 or 92.1 percent of the total students in all Arizona postsecondary institutions were surveyed. Enrollment data are presented for public universities, private four-year and graduate…

More than $25 billion in financial aid in 1988 is awarded annually to students attending postsecondary education. The aid covers about the same percentage of college costs that it did in 1970, but the impact of veterans' education benefits and social security benefits is no longer significant, and loans now make up one-half the total aid, having…

The distribution of student aid among the five sectors of postsecondary education is examined: proprietary schools, two-year public colleges, four-year public colleges and universities, two-year nonprofit private colleges, and four-year nonprofit private colleges and universities. Attention is also directed to the ways this aid distribution has…