This collection of tables is a compilation of 1998 school cohort default rates for fiscal years(FY) 1995, 1996, and 1997 for all schools that are currently participating in any Title IV student financial assistance program. Schools are listed by state in descending order by cohort default rate. Foreign schools are listed following the state…

Creating separate student-aid programs for the proprietary and nonprofit sectors of higher education will be one of the most bitterly debated issues in the upcoming reauthorization of higher education law. A major point of contention is the matter of hugely disproportionate default rates among students in the different sectors. (MLW)

This report discusses recent changes in federal aid to postsecondary students enacted by Congress during 1992-93, focusing on the 1992 Amendments to the Higher Education Act and the 1993 Federal Direct Student Loan (DL) Program. The report reviews recent issues surrounding federal aid to postsecondary students, such as program accountability and…

This study reviews the financial soundness of the Perkins Loan Program, a federal program that provides low-interest loans to financially needy students through postsecondary institutions, and identifies ways to make the Perkins program less financially dependent on additional federal appropriations to cover operating costs and default losses.…

Four aspects of the Guaranteed Student Loan (GSL) Program are compared with credit policies on other loans made by consumer installment lenders. The four aspects are: (1) the planning, screening, monitoring, collecting, and write-off policies on GSLs versus uninsured loans; (2) the importance of the Student Loan Marketing Association in providing…

This General Accounting Office (GAO) testimony before the Subcommittee on Postsecondary Education, Committee on Education and Labor, House of Representatives, concerns the findings of the task force that addressed the increasing costs of student loan defaults. The task force report is considered, generally, to provide additional incentives and…

This report lists schools with fiscal year (FY) 1995, FY 1996, and FY 1997 official cohort student loan default rates that are 25 percent or higher. As a result, these schools are subject to initial loss of eligibility to participate in the Federal Family Education Loan Program, the Federal Direct Student Loan Program, and/or the Federal Pell…

This report lists schools with fiscal year (FY) 1997 official cohort default rate that are 40.1 percent or higher. As a result these schools may be subject to limitation, suspension, and/or termination from all Title IV student financial assistance programs unless they submit cohort default rate appeals. Schools are listed in state order by Office…

This report lists schools with fiscal year (FY) 1995, FY 1996, and FY 1997 official cohort student loan default rates that are 25 percent or higher and have lost eligibility to participate in the Federal Family Education Loan Program, the Federal Direct Student Loan Program, and/or the Federal Pell Grant Program due to prior year cohort default…

Policy modifications by postsecondary, business, and banking institutions are suggested to make small loans readily available to adult learners for higher education. The author focuses on middle-income adult students with an interest in career mobility in examining existing student loan programs, deferred tuition plans, and adult repayment rates.…

An agenda for research on financial issues in graduate education is proposed for the National Commission for Student Financial Assistance, based on the stipulations of Public Law 96-374, Section 491, part (7)(A). Research needs are as follows: (1) to determine the extent to which students may be dissuaded from pursuing graduate education on…

This manual is designed to instruct administrators of the Guaranteed Student Loan (GSL) Program in how to take every step possible to administer the program effectively and to minimize the program costs of serving the high risk student. It shows schools how to work with students throughout their time in school, create ownership of the loan(s) by…

An analysis was conducted of the Alaska Student Loan Program (ASLP), especially as it was used for borrowing for short-term training at vocational schools. An immediate effect of the ASLP program was a rapid increase in the number of postsecondary institutions (primarily vocational schools); the peak number of borrowers was reached in 1985, and…

In a Texas study of vocational education student loan repayment attitudes, interviews with loan recipients indicate defaults are affected by how much students are pressured to enroll in a program, their understanding of the loan program when signing an application, and how well their vocational education equips them for employment. (Author/MSE)

This document reflects Federal Student Aid's solid progress in meeting strategic objectives since becoming a Performance-Based Organization. Specifically, the plan addresses continuing efforts to increase program integrity, improve customer service and achieve measurable results in the management and administration of the Title IV student…