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Oversight Hearing on Student Loan Marketing Associations. Hearing before the Subcommittee on Postsecondary Education of the Committee on Education and Labor. House of Representatives, Ninety-Eighth Congress, First Session.
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Congress of the U.S., Washington, DC. House Committee on Education and Labor. – 1983
Oversight hearings on the Student Loan Marketing Association (Sallie Mae) are presented. Sallie Mae was established by the Education Amendments of 1972 to provide liquidity for Guaranteed Student Loan (GSL) lenders by purchasing GSL portfolios from lenders or making loans on GSL loans held by lenders. In 1982, Sallie Mae had total cumulative…
Descriptors: Agency Role, Banking, Capital, Financial Services
School District Cash Management. Program Audit.
New York State Legislative Commission on Expenditure Review, Albany. – 1981
New York State law permits school districts to invest cash not immediately needed for district operation and also specifies the kinds of investments that may be made in order to ensure the safety and liquidity of public funds. This audit examines cash management and investment practices in New York state's financially independent school districts.…
Descriptors: Banking, Educational Finance, Elementary Secondary Education, Financial Services
Oversight on College Endowments. Hearing Before the Subcommittee on Postsecondary Education of the Committee on Education and Labor, House of Representatives. Ninety-Seventh Congress, Second Session.
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Congress of the U.S., Washington, DC. House Committee on Education and Labor. – 1982
Hearings of the Committee on Education and Labor on the status of college endowments are presented. Attention is focused on the private resources colleges and universities may have to fall back on during this period of reduced federal aid. A list of endowments of 192 colleges ranked by 1981 value, from a "Chronicle of Higher Education"…
Descriptors: Access to Education, Banking, Black Colleges, Capital