Paying for graduate school, juggling loans, assistantships, and grants to meet costs is probably as complex as any budget that a professional will have to tackle. Some advice on financing graduate school is provided. (MLW)

2Futuro is a new "Spanish-first" college-financing program rolled out by Sallie Mae and USA Funds. The pilot version of 2Futuro launched last summer and is, say its partnering agents, "the only fully bilingual college-financing and outreach program that enables Hispanic parents and students to apply for college loans in Spanish. By the end of the…

Federal Student Aid's core mission is to ensure that all eligible Americans benefit from federal financial assistance--grants, loans and work-study programs--for education beyond high school. The programs administered comprise the nation's largest source of student aid: during the 2004-05 school year alone, approximately $74 billion in new aid was…

This document presents testimony from the June 1998 hearing on the Children's Development Act (H.R. 3637) held before the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises. H.R. 3637 encourages the lending of resources to child care facilities by allowing a bank or lender access to a federal reinsurance program that…

The U.S. Congress has mandated that the National Center for Education Statistics (NCES) produce an annual report to help inform policymakers about the progress of education in the United States. Using data from across the center and from other sources of education data, "The Condition of Education 2015" presents 42 key indicators on…

Given the pressure for alternative uses of government funds, loans will continue to have a role in the student assistance program. The limitations inherent in their use and how best they may be coped with are explored. (MLW)

Student loans have become an essential ingredient of financial planning for college. The Guaranteed Student Loan Program's default rate is over 10 percent. World Bank and other international data suggest three solutions: longer repayment terms, graduated repayment schedules, and forgiveness for individuals choosing public service. (8 references)…

In November 1999, the U.S. Department of Education began offering a 0.25% interest rate reduction to borrowers under the Direct Loan program who agree to have their monthly loan payments automatically withdrawn from a bank account through its electronic debit account (EDA) program. The Department of Education submitted a justification to the…

This article investigates the extent to which student borrowers might be induced to prepay by an offer from the government to share a portion of its savings expected from prepayment. The analysis suggests that potential savings are not likely to be large enough to induce significant prepayment. (Author/MLW)

This article urges the financing of higher education by the Tuition Advance Fund, under which any undergraduate degree candidate is advanced money to pay for his or her education. The money is later repaid through a payroll-withholding tax administered by the Internal Revenue Service. It argues that such a plan would be an improvement in both…

This fourth edition of the "ES Review" brings together, in one setting, some of the best work from 2009-10. It features: (1) Teacher Quality (Teachers at Work: Improving Teacher Quality Through School Design (Elena Silva); Understanding Teachers Contracts (Andrew J. Rotherham); How Teachers Unions Lost the Media (Richard Whitmire and…

An assessment was done of the Department of Education's (ED) approach to determining lender profitability for Guaranteed Student Loans. The assessment described the current net present value (NPV) method as well as discussing its strengths and weaknesses. The NPV method has been widely accepted for determining the profitability of different…

With tuition rising and anxiety mounting over students too deeply in debt, an effort to change the psychology of paying for college is gaining steam. The Reagan Administration is expected to propose a new savings bond whose interest would be tax free if the bond is cashed in for college. (MLW)

Discusses major characteristics of the Reagan Administration's proposal to make National Direct Student Loan repayments contingent on borrowers' income. Summarizes alternative repayment schemes and legislative action to conduct an income-contingent demonstration project for 1987 through 1991. The proposal shifts loan program costs to students and…

Kansas Wesleyan University, the first postsecondary institution to experience a sudden federal crackdown on delinquent loans for dormitory construction, developed a seven-part plan of payment and alternative building use and learned some lessons about resolving such a situation. (MSE)