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Woodcock, Raymond L. – Journal of College and University Law, 1998
Debtors seeking discharge in bankruptcy of student loans should be aware of certain arguments in their favor: that the burden of persuasion should remain on the creditor throughout; the standard of proof should be the preponderance-of-the-evidence standard; and that burden of production is, for the most part, the creditor's. Recent case law is…
Descriptors: Banking, College Students, Court Litigation, Debt (Financial)
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Eglin, Joseph J. – Society, 1993
Reviews problems with the Stafford Student Loan Program (Federal Family Educational Loan Program), including high-risk borrowers, dishonest school officials, negligent lenders, and guaranty agencies. Critiques recent reform measures designed to simplify the program. Suggests alternative policies, particularly direct loans from the federal…
Descriptors: Accountability, Administrative Problems, Banking, College Students
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Mahaney, Judi – Student Aid Transcript, 1997
Outlines 10 issues concerning credit that students should understand: credit reports; credit reporting; obligations when signing/cosigning a loan; creating positive credit history; privacy and the credit report; how lenders make and monitor credit decisions; mailing lists and preapproved credit offers; protecting against credit card fraud; use of…
Descriptors: Banking, College Bound Students, College Students, Credit (Finance)
General Accounting Office, Washington, DC. Div. of Human Resources. – 1988
Thirty options for reducing guaranteed student loan defaults and related federal costs are provided by the General Accounting Office (GAO). The options are presented by groups of program participants: students, schools, lenders, guaranty agencies, and the Department of Education. These options include: adopt GAO's past recommendation to increase…
Descriptors: Accountability, Banking, Change Strategies, College Role
Bargar, Harold; Bargar, Gwyneth – 1981
The role and history of the United States Aid Funds, which guarantees student loans made by conventional lenders, and developments at the state and federal levels are addressed. United Student Aid Funds, which helped open private credit markets to student borrowers, operates in all 50 states and U.S. territories. The events and people that helped…
Descriptors: Agency Role, Banking, College Students, Educational History
Cross, Cynthia Sahagian – 1979
A study of loan availability in Michigan through the federal Guaranteed Student Loan Program outlines the evolution of federal lending programs for college students and describes program characteristics, funds, costs, defaults, and funding systems. The situation for borrowers and lenders in the state and its regions is examined, including…
Descriptors: Banking, College Students, Community Colleges, Comparative Analysis