This empirical study examined postsecondary-student attitudes and preferences regarding five discrete student loan plans and loan plan features. Questions addressed dealth with debt ceilings, loan repayment time span and percentage of annual income, and alteration of repayment plan choices. A random sample of 218 federal aid recipients was used.…

State-sponsored programs that seek to attract college students to teaching by paying off a portion of their student loans for each year they teach are reviewed and discussed. (MSE)

Forces threatening the fundamental principles and practices of student financial aid are examined, and some advice to the profession is offered. A large dedicated profession has emerged that is skilled at bringing together students, colleges, and resources. (MLW)

Borrowing has become the indispensable means for financing higher education, primarily through the Guaranteed Student Loan (GSL) program. The entire structure of expectations that sustains higher education has been transformed by debt, and incentives for borrowers and lenders have created student debt expansion. (MLW)

The National Institutes of Health has developed innovative programs to help students, mostly medical school graduates, to repay or to forgive student loans, including physician participation in AIDS research, general research, and contraception and fertility, and plans for graduates from disadvantaged backgrounds. The program also provides…

Analysis of 110 federal and state adjudication cases from 1950-89 revealed a substantial rise in disputes over financing medical education. Medical school graduates had little success in these cases. A need for counseling, particularly concerning consequences of timing in service obligations and of some loan programs, is seen. (Author/MSE)

The paper details likely incomes and living costs of law graduates as related to educational costs and debts. Concern is expressed about the deterrent effect of potential high debt on minorities and an approach to financial aid which would take minority status into account is urged. (Author/DB)

Surveys of graduating students (n=336 and 917, respectively) at four lower-cost and five higher-cost law schools examined effects of various levels of student debt burden on career plans. High debt amounts were slightly related to taking a job in large private law firms. Debt burdens of one in five or six students was judged to be too high. (DB)

Analysis of National Postsecondary Student Aid Study data for 11,000 students in loan programs at 1,400 institutions found borrowers with similar earned degrees, marital status, number of dependent children, showed similar levels of income/loan default, regardless of racial/ethnic group. Findings dispute national policy and suggest that campuses…

This study analyzes the experience of existing higher education student loan programs in developing countries in order to understand their role in fostering cost recovery. Detailed financial analyses of 24 loan programs shows that present value of the repayments collected constitutes a small percentage of the loan value disbursed. In general,…

This report presents an analysis of the debt levels and debt burdens of recent college graduates, based on student-reported data from four national surveys taken over the period 1977 to 1986. The major findings of this study were the following: (1) one out of two 1986 college graduates had some undergraduate debt representing an increase from one…

Actions that a college might pursue if they have difficulty meeting their financial obligations on dormitory construction loans are discussed by the president of Kansas Wesleyan University. It is noted that when the administration of the loan program was shifted to the new Department of Education (the Department), the agency pushed to collect all…

Issues concerning mortgage-backed student loans are examined, with attention to the new tax law, policy and practical concerns that a college should address before starting this type of loan program, public policy issues, and two types of plans. The Tax Reform Act of 1986 phases out the deductibility of consumer interest charges and as a result…

The efforts of schools to administer and collect student loans and the actions of the U.S. Department of Education for collecting defaulted loans under the National Direct Student Loan program were investigated. The General Accounting Office visited seven schools in the midwest with default rates ranging from 5.9 to 63.1 percent and obtained…

A historical perspective on the organization and administration of the National Direct Student Loan (NDSL) Program is reported in this study, particularly as it relates to persisting concerns about the default rate. Chapter 1 explains the origin, purpose, and provisions of the program. Chapter 2 provides an overview of the study, including both…