Offers advice to higher education institutions about financing decisions on their debt portfolios. Addresses developing a debt management framework, factors affecting strategy, interest rate management, establishing a debt management benchmark, and adopting a prospective approach. Sidebars discuss the trade-offs of credit offerings, and…

Survey of college students who managed credit cards wisely and those who did not (N=310), revealed that responsible users were more likely to have acquired credit cards before matriculating in college. Discusses implications for future personal-debt management and for institutions of higher education with regard to credit-card vendors. (EMK)

With tuition rising and anxiety mounting over students too deeply in debt, an effort to change the psychology of paying for college is gaining steam. The Reagan Administration is expected to propose a new savings bond whose interest would be tax free if the bond is cashed in for college. (MLW)

Kansas Wesleyan University, the first postsecondary institution to experience a sudden federal crackdown on delinquent loans for dormitory construction, developed a seven-part plan of payment and alternative building use and learned some lessons about resolving such a situation. (MSE)

The U.S. Department of Education's financial management environment and effectiveness are described, together with the reliability of its accounting and internal control systems for the management of the money it gives or lends to schools, individual students, states, and local education agencies. The study found that key accounting and related…

Information about the effect of changes in interest rates and the length of repayment on mortgages is available through the use of this loan and mortgage spreadsheet program designed for use on Apple computers. It is especially designed to help people evaluate the relative advantages of a variable rate mortgage with a low initial rate of interest…

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 document contains 29 two-page reports on credit, business credit, direct marketing, and real estate data prepared by the credit reporting company, TRW, for consumers. Topics covered are the following: consumer credit reports, how to obtain a copy of a consumer credit report, how credit bureaus compile consumer credit reports, the role of…

This booklet was published to help people better understand how to use it, how to determine if they are reaching or have reached their credit-debt limit, and what to do if they have exceeded that limit. It also explains federal rules, regulations, and laws pertaining to consumer installment credit that are designed to protect the consumer.…

This module discusses several borrowing schemes to help students see more clearly the effects of borrowing money on both the lender and the borrower. They include borrowing from personal lenders, from "5-6" operators, and from credit unions. Three exercise sets with answers (one for each borrowing scheme), a short list of references, and…

A brochure describes how student loan default can cause permanent damage to an individual's financial future. and how to prevent default. A student loan is a legal promise. In exchange for help funding one's education, a promise is made to repay the education loan. The promise is made by signing a Promissory Note for any funds borrowed. Loan…

Colleges must investigate financing options before they are needed by their students and be ready to help students find new and creative ways to fund their education. Tax-exempt financing options, new sources of loan capital, cooperative arrangements with state agencies, and new federal aid are among the possibilities to explore. (Author/MSE)

A survey administered to student loan recipients at their exit interview provided information about their characteristics (college of graduation, gender, race, grade point average, and age), post-graduation plans, anticipated annual income, estimated time for loan repayment, total debt, and monthly payment. (MSE)

Information on five U.S. Department of Education student financial aid programs and how to apply for them is presented: Pell Grants, Supplemental Educational Opportunity Grants, College Work-Study, Perkins Loans (formerly National Direct Student Loans), and Guaranteed Student Loans (Parent Loans to Undergraduate Students and Supplemental Loans for…

Results are presented of a General Accounting Office audit of the Student Loan Insurance Fund (SLIF) financial statements for the fiscal year ending September 30, 1980. SLIF finances the Guaranteed Student Loan Program by reimbursing lenders and state guarantee agencies when students default on their loans. The fund, which is managed by the…