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Direct Student Loans Could Save Money and Simplify Program Administration. Statement of Franklin Frazier, Director Education and Employment Issues, Human Resources Division, before the Committee on Labor and Human Resources, United States Senate.
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Frazier, Franklin – 1991
This document reproduces the testimony on the subject of a recent General Accounting Office report on the relative federal cost of guaranteed and direct student loans in postsecondary and higher education. The comments focus on the potential federal savings associated with substituting Stafford loans with direct loans and the effect that a direct…
Descriptors: Educational Finance, Federal Aid, Federal Legislation, Federal Regulation