This directory contains a list of public and nonprofit private elementary and secondary schools designated as having a high concentration of students from low-income families. Full-time teachers at these schools may have a portion of their student loans canceled under the Federal Perkins Loan Program and the National Direct Student Loan Program.…

This report examines the Perkins Student Loan Program, and in particular, the weaknesses in the Department of Education's policies, procedures, and practices for recovering Perkins loan fund assets from schools that go out of business. The report reveals that when schools in the Perkins Student Loan Program close, the Department of Education…

The report describes the Kansas State University Community Service Program, which reduces student indebtedness in return for involvement in community service activities. The program is administered and coordinated by students and has four major components: (1) Community Service Teams--interdisciplinary teams of four to five students who live and…

Lenders' billings for interest subsidy payments under the Department of Education's Guaranteed Student Loan Program (GSLP) are discussed. In fiscal year 1986, the Department of Education paid lenders $2.4 billion in interest subsidies on $39 billion of outstanding Guaranteed Student Loans. The General Accounting Office (GAO) reviewed the accounts…

Hearings on the Department of Education's final regulation governing the National Direct Student Loan (NDSL) Program are presented. The final regulation makes three changes: calculation of the federal capital contribution, which is the amount of new federal dollars allocated to institutions each year; the eligibility of institutions to receive…

Hearings concerning the activities of the Student Loan Marketing Association (Sallie Mae) are presented. Attention is focused on a request for an exemption under federal priority for recovering money owed the Association in the event that it files for liquidation or reorganization in the future under the Bankruptcy Act. It is noted that two goals…

Pertinent information about the Alaska Student Loan Program is summarized. The topics covered include: purpose of the program; terms; questions and answers concerning loan amounts, application procedures and repayment; a payment reminder including a schedule of payments; the Alaska student loan statutes; and the Alaska student loan regulations.…

The status of the U.S. Office of Education-sponsored National Direct Student Loan funds at 19 selected postsecondary schools was reviewed. Enabling legislation intended that schools attain a revolving fund status but each school differs in its ability to do this because different loan collection procedures are used. Legislation requires schools to…

The text is given of the amendments to part 177 of Title 45 of the Code of Federal Regulations, concerning the federal Guaranteed Student Loan program. Subpart A concerns the program's purpose and scope. Subpart B concerns general provisions: definitions, eligibility, permissible charges, refunds, and prohibited transactions. Subpart C addresss…

A proposed Tuition Advance Fund is advocated as a solution to the student financial aid and loan default problem for undergraduate students in degree programs at accredited institutions. Qualifying students could borrow funds for three years and repay in the future through payroll withholding or estimated tax payments. (LBH)

Ten issues most likely to influence institutions this year include tuition policy and financing, capital renewal and replacement, charitable giving, scientific equipment and laboratories, endowment management and spending policy, research funding, corporate contributions, minority enrollment and hiring, debt financing and debt capacity, and cost…

Income-contingent student loans are examined in the context of an overall aid program, with an emphasis on placing realistic limits on individual debt burden while broadening loan use. A model for simulating borrowing and cumulative debt limits in different countries' educational circumstances is presented and illustrated with United States data.…

The question of a balance in the supporting roles of students and families, governments, and institutions in college financing is discussed. In the context of that analysis, the question is then whether the current student aid system is the most cost-effective and fair way of meeting national needs. (MLW)

The 1985 Recent College Graduates Survey, conducted by the U.S. Department of Education's Center for Education Statistics, was studied to determine who is borrowing from student loan programs, and how the borrowing varies by race/ethnicity, major field of study, and amount of debt. (MLW)

Concern about problems that inflexible educational loan payments cause for some people has reopened the idea of income-contingent repayment schedules, but financial aid experts see insurmountable problems in stretching out loans indefinitely, increasing indebtedness by slowing down payments, overall inequities favoring high-income borrowers, and…