Limitations of the Guaranteed Student Loan Program (GSL) are analyzed with respect to repayment convenience, and a variant of the GSL with an income contingent repayment feature is proposed. Computer simulations of loan repayments for both programs are developed and conclusions regarding manageability of repayments presented. (JT)

Student loan programs have been racked by defaults, bankruptcies, and administrative trivia, causing Congress to search for another system. Under consideration is a loan that would be repaid to the Internal Revenue Service through a withholding tax. However, better collection efforts with the present system are producing encouraging results. (JMD)

A comparative study was made between a medium-sized university and a smaller public community college in the same urban area to determine profiles of student populations and to correlate student characteristics to default rates. Demographic makeup is shown to influence an institution's categorization as "high risk" for student loan…

The use of discriminant analysis in identifying potentially "good" versus potentially "bad" student loans is explained. The technique is applied to a sample of 200 student loan applications at the University of Wyoming. (LBH)

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)

A series of steps by the Education Department and Congress to crack down on loan defaulters are discussed. Several factors have put defaults in the spotlight, including a study listing default rates at all postsecondary institutions and hard-hitting newspaper editorials. (MLW)

Because college costs will continue to increase dramatically, educational loan programs will become more important in the financial package. An efficient, national student loan program that will guarantee access, choice, and fairness is what is needed. (MLW)

Participants in the tuition-setting process lean toward "aggressive" pricing strategies because they want to maintain or improve quality, assure continued vitality, and keep the campus in good repair. Recent trends in tuition pricing are reviewed and some elements of budgetary strategies predicted on tuition increases above inflation are examined.…

Loans have become an important, even essential, ingredient of college financial aid and family financial planning. The World Bank and other international groups, such as the Organization for Economic Cooperation and Development, regularly review the experiences of many countries in financing education. Their findings are discussed. (MLW)

Following a brief critical review of the federally sponsored student loan system, this paper develops fundamental principles for overhauling the system and creating an Educational Credit Trust. This federally chartered corporation would determine lender eligibility requirements, monitor lenders' financial performance, and sanction student loan…

This guide is intended to help educational institutions counsel students and parents about consolidation of federal education loans for borrowers in repayment, borrowers in default, and borrowers who are still in school. Through consolidation, borrowers may combine various types of federal education loans, including direct loans and loans made…

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…

Discussed are legal obstacles to the practice of withholding transcripts: how educational debts are handled in bankruptcy proceedings, effect of an order of discharge on the school's rights, and legal barriers when debts have not been discharged. (Journal availability: Willamette University College of Law, Salem, OR 97301, $5.00 entire issue.)…

The paper reviews and critiques the 13 existing (1987) law school assistance programs and proposes a national repayment-assistance debt-forgiveness program which would involve an income-contingent repayment "tax" coupled with an assurance to creditors of repayment by means of a "guarantee" or "insurance" fund. (DB)

The Education Department's calculation of student loan default rates is disputed. New Education Department regulations will strip federal loan money from students attending schools where large numbers of former students have defaulted. (MLW)