The extent to which an individual's total debt capacity is absorbed at the point of college graduation is examined, along with the graduate's self-imposed debt limits and the debt limits established by the marketplace. The findings are based on the a survey of creditors and the consumers who had student loans. Attention is also directed to data…

This report provides information on the default rates in the Stafford Student Loan Program for schools accredited by seven agencies: Accrediting Bureau of Health Education Schools; Accrediting Council for Continuing Education and Training (ACCET); Association of Independent Colleges and Schools; National Accrediting Commission of Cosmetology Arts…

The nature of the loan default problem in New Jersey, the reduction of defaults in the New Jersey Guaranteed Student Loan Program, default prevention initiatives, and the recommendations of the Default Task Force are discussed. Findings include the following: (1) most defaulters are low-income students, and half were students in proprietary school…

Results of a survey of 1983-1984 graduates of four-year institutions a year after graduation are presented. The data were obtained from the 1985 Recent College Graduates Survey of the U.S. Department of Education. Although it was found that the college debts of the 1983-1984 graduates were still moderate, it also provided evidence that the debt…

Lake City Community College began its involvement with the National Direct Student Loan Program in 1965. As of June 30, 1975, the college had loaned $317,625 to 486 students--an average of $653 per student. Of this amount, $93,292 has been repaid or cancelled, leaving $224,333 outstanding and $42,678 past due. Of the past due amount, $15,142 is…

A study of internal medicine residents examined patterns of educational indebtedness, effects on their training and career decisions, frequency with which they begin loan payments during training, extent to which they moonlight and the reasons for doing so, and their opinions about the effects of moonlighting on house staff training. (MSE)

This 2-volume report summarizes a study that examined the satisfaction of borrowers who were repaying student loans originated through the Federal Direct Loan and Federal Family Education Loan programs. Volume 1 presents a summary of the report's findings. A total of 1,328 respondents from a nationally representative sample of 3,000 borrowers in…

A study assessed borrowing patterns of 3,495 indebted medical students at Thomas Jefferson University (Pennsylvania) in relation to changes in cost of education, parents' income, availability of grant funding, legislative changes to loan eligibility criteria, and average interest rates on federal unsubsidized loans. Results show students borrow…

This study examined student loan default rates at 98 of the 104 historically black colleges and universities (HBCUs) in the United States. About 3 percent of all federal students loans made in fiscal year (FY) 1995 were made to students at HBCUs, a percentage that has remained steady from FY 1991 through FY 1995. For FY 1993, the average loan…

The characteristics of student loan borrowers and differences between those who repay their loans and those who default are examined. Data are based on the New York State Higher Education Services Corporation Guaranteed Student Loan database and responses to a questionnaire mailed in spring 1984 to a sample of New York State student loan…

Historical data concerning the federal Guaranteed Student Loan Program/Stafford Student Loan Program/Family Education Loan Program are presented, tracing default rates since 1980 and the population distributions for borrowers by institution type (overall, collegiate, noncollegiate, public or private, two- or four-year, proprietary). Individual…

According to a report from the National Research Council, 53 percent of those who received doctorates in 1987-88 did not owe any money for their education. Graduates in engineering and the physical sciences were less likely to be in debt than those in the humanities, life sciences, and social sciences. (MLW)

A survey of Rush Medical College (Illinois) alumni included questions concerning indebtedness and its perceived effect on professional and personal lives. Results show little effect on practice setting and family plans, but substantial reported impact on lifestyle. Specialization and debt change over time were also factors. (MSE)

This document reports on a study which sought to identify the characteristics of students who default on loans obtained under the Stafford Student Loan Program. Twelve studies that were the products of original research and which addressed the characteristics of student loan defaulters were identified through literature searches and contacts with…

A discussion of debt burden, particularly for college students and graduates, looks at recent research, discusses borrower perceptions of debt burdens and excessive debt, analyzes debt-to-income ratios, and synthesizes these ideas into a universal model. Data from a 1990 state survey of borrowers by the Iowa College Student Aid Commission.…