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…

Issues concerning mortgage-backed student loans are examined, with attention to the new tax law, policy and practical concerns that a college should address before starting this type of loan program, public policy issues, and two types of plans. The Tax Reform Act of 1986 phases out the deductibility of consumer interest charges and as a result…

This monograph presents a history of developments in major student financial aid programs over the past 20 years. An opening section offers highlights of the topic. The article goes on to look at types of student aid, categorized as grants, loans, and work study. An examination of the effects of inflation shows that even taking into account…