Problems with the Reagan administration's proposal for an income contingent loan (ICL) program are discussed. From an institution's perspective, ICLs are likely to be a major administrative headache because colleges would be required to administer it. (MLW)

Examines student loan systems in both developed and developing countries to provide guidance on issues such as loan size, eligibility criteria, and repayment terms. Experience suggests that student loans in developing countries are feasible, but that benefits may be more modest than previously suggested. Includes two notes and 23 references. (MLH)

A report on for-profit trade schools said that many schools offer such poor-quality training that large numbers of their students drop out and default on their student loans when they cannot find jobs. Secretary Bennett calls on Congress to crack down on proprietary schools. (MLW)

The rapid and substantial rise in college student indebtedness has raised concern about young people's ability to repay loans and the impact on the national economy, the borrowers' economic well-being, equality of access to higher education, and even the educational process itself. (MSE)

This booklet is intended to help individuals who received William D. Ford Federal Direct Loans as students manage the repayment process. Following an introduction, explanations are offered for how the principal balance of the loan is determined and how interest rates are applied. The following sections explain the four different repayment plans,…

This report examines how the Department of Education calculates the default rate for two federal student loan programs--the Federal Family Education Loan program (FFELP) and the William D. Ford Federal Direct Loan Program (FDLP). The report focuses on three questions regarding these programs: (1) whether there has been an increase in the number of…

The Web site http://www.ed.gov/DirectLoan/ provides information on the William D. Ford Federal Direct Loan Program for both professionals and borrowers. For professionals, it provides information on conferences, promissory notes, regulations, laws, and relevant links, as well as technical assistance, and other publications and guides. For…

The Direct PLUS Loan is one of the low-interest loans provided by the William D. Ford Federal Direct Loan Program. The U.S. Department of Education delivers loan proceeds through the student's school, and parents are responsible for repaying the Department. This booklet answers parents' questions about the loan program, including: (1) Am I…

This guide to financial aid programs provides Minnesota students with information on types of aid, qualifications, and how to apply. In the first section, "What is Financial Aid," the guide focuses on the purpose of financial aid, the different sources of financial aid, and how to qualify for aid. The second section, "How Do I Apply for Financial…

Present law respecting collection of federal student loans, regulatory and other sanctions against default, and strategies against bankruptcy are outlined and analyzed. (Journal availability: Columbia Journal of Law and Social Problems, Box 7, Columbia University School of Law, 435 W. 116th St., New York, NY 10027, $5.00.) (MSE)

Economic analysis of the borrowing and repayment patterns of Canadian bachelor's-level university graduates using data from the National Graduate Survey of the class of 1990. Finds, for example, that overall women borrowed only slightly less than men, repaid as quickly as men (despite lower earnings), but reported significantly more difficulty in…

Three law students at New York University (NYU) detail components and implementation of NYU's loan assistance program for graduates with low earnings (usually employed by public interest firms, the government, or small firms). NYU's program is intended to preserve student body diversity and minimize debt concerns as a factor in career choice.…

This report contains the results of a survey of Stafford Loan borrowers who were scheduled to enter repayment between September 1, 1988, and June 1, 1989. Tables show respondents' activities, occupations--by type of institution and gender, median incomes--by occupation and race, and program completion by ethnic group, etc. (Author/MLW)

A table that shows the rates of default on Stafford Student Loans at non-profit colleges, universities, vocational and technical schools is presented. The default rate represents the proportion of borrowers required to begin paying off their loans in fiscal 1987 who failed to make payments in 1987 or 1988. (MLW)

A study at California State University, Fresno investigated the relationship between Perkins' Loan recipients' (n=429) credit records, loan default rates, and age. For eight different age groups, credit checks revealed student distribution in four credit categories. Results show credit checks could have saved the program a great deal of money.…