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General Accounting Office, Washington, DC. Div. of Human Resources. – 1991
This report examines the Perkins Student Loan Program, and in particular, the weaknesses in the Department of Education's policies, procedures, and practices for recovering Perkins loan fund assets from schools that go out of business. The report reveals that when schools in the Perkins Student Loan Program close, the Department of Education…
Descriptors: Administrative Problems, Assessed Valuation, Evaluation Methods, Federal Aid
Miles, Barbara; Zimmerman, Dennis – 1993
This congressional report argues that the costs of the current guaranteed lending program for postsecondary education can be reduced in three ways: (1) by eliminating more-than-competitive returns to private lenders; (2) by reducing administrative costs; and (3) by reducing default costs. It is suggested that the first solution can be accomplished…
Descriptors: Cost Effectiveness, Federal Aid, Federal Government, Government Role