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 mathematical model or project analysis that calculates the financial return from home ownership is described. This analysis illustrates topics such as compound interest, annuities, amortization schedules, internal rate of return, and other elements of school and college mathematics up through numerical analysis. (KR)

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)

Presents results of an empirical investigation of Canadian student loans for four recent cohorts of graduates. Data include proportion of students graduating with loans and average amounts borrowed, loan burden measured by debt-to-earning ratios, repayment rates following graduation, and number of graduates reporting loan difficulties. Results are…

In response to Congressional requests to analyze proposed federal programs that would provide income-contingent loans (ICLs) to postsecondary students, this report of the Congressional Budget Office examines the fundamental issues in designing such programs. It identifies the key parameters that define an ICL program, discusses the relationships…

This report examines the extent to which correspondence schools participate in the Stafford Student Load Program and the rates at which students from these schools default on their student loans. It is revealed that the average borrower default rate for students attending correspondence schools was more than double the rate, 42.2 percent versus…

The debt crisis of the lesser developed countries (LDCs) may provide opportunities for educational institutions. Through debt-for-education programs, a part of the huge debt load can be channelled into financing various educational programs sponsored by U.S. higher education institutions. Private commercial banks and multinational corporations are…

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…

This hearing before the Committee on Banking, Housing, and Urban Affairs, addresses the implications of the anticipated failure of the Higher Education Assistance Foundation (HEAF), the largest guarantor of student loans. HEAF's difficulties have affected Sallie Mae (Student Loan Marketing Association), and have raised general questions about the…

Insurance premiums being charged to borrowers under the Guaranteed Student Loan (GSL) program were studied to determine if the rate exceeded the rate necessary to protect the reserves of the insurer. Attention was directed to whether historical changes in the GSL program have affected insurance premiums. Guaranty agency's sources and uses of funds…

A description of the current provisions of the Guaranteed Student Loan (GSL) program is provided along with an analysis of the GSL budget, a summary of up-to-date statistics on participation in the program, and a review of continuing issues related to the program. These federally reinsured loans are usually made by private lenders to students for…

The report of the Committee on Education and Labor, together with supplemental minority and additional views is presented to accompany H.R. 4986 to amend the Higher Education Act 1965 to reduce the default rate on student loans under the Act. Topics include the following: committee action; background and need for the legislation; explanation of…

The loan collection practices and procedures of guaranty agencies and ways to reduce default costs were assessed by the U.S. General Accounting Office at the request of Congress. Questionnaires were completed by 58 guaranty agencies and visits were made to eight agencies. Before revised regulations were issued by the U.S. Department of Education…

The increasing costs, paid by the Department of Education through 47 loan guaranty agencies, for defaulted loans made through the Guaranteed Student Loan Program prompted the General Accounting Office (GAO) to evaluate the policies and procedures used by the Department and the guaranty agencies. The purposes were to determine whether: (1) the…

Information on managing debts acquired by St. John's University undergraduate students is provided. The cost of education for an undergraduate student includes tuition, fees, books, home maintenance, personal expenses, and transportation. Student budgets for 1984-1985 and 1985-1986 (estimated) are provided by students' dependency status (dependent…