This publication offers a summary of a symposium designed to elicit dialogue on the costs and benefits of eliminating the restrictions on institutional lending in the Stafford Loan Program. Approximately 100 people, representing postsecondary institutions, commercial lenders, guaranty agencies, secondary markets, loan servicing groups, and Congressional staff, attended the symposium. The format of the symposium consisted of four sessions that focused on: (1) the effects of elimination of current lending criteria on institutions, students, and parents; (2) the effects of elimination of current lending criteria on banks; (3) the effects of such elimination on guaranty agencies, secondary markets and servicing organizations; and (4) alternatives to the elimination of current lending criteria. Recurring topics included access, fragility of the program, administrative complexity, loan servicing, program costs, and profit. Highlights of the discussion included the following points: (1) although students currently have access to Stafford loans, signs of erosion are beginning to appear in educational sectors where default rates are highest; (2) it is likely that institutional lending would exacerbate access problems; (3) the Stafford program is currently under considerable pressure; (4) participants' projections of the number of institutions that would become lenders under relaxed legislative requirements varied; and (5) participants expressed concern about administrative complexity and servicing of the Stafford Loan Program. (JB)