This report lists postsecondary schools with official student loan default rates of 25.0 percent or greater for fiscal years (FY) 1994, 1995, and 1996. The listed schools had previously been excluded from the Federal Family Education Loan Program and/or the Federal Direct Student Loan Program due to their high default rates, and this exclusion may…

This study evaluated whether the use of educational loans has an impact upon student choice of majors. In addition, the study demonstrated that the statistical technique of two-stage least squares can be appropriately used with educational data when reciprocal causation exists in the theoretical model. It was hypothesized that, since a majority of…

This guide tells about federal student aid programs for postsecondary education and how to apply for them. It begins by outlining sources for finding out about student aid, such as state higher education agencies, guidance counselors, and organizations connected with particular fields of interest. The guide offers tips on choosing a school…

This report describes a 2-year project at Westmont College, California, which established a Community Service Program with the purposes of decreasing student debt and increasing student participation in community organizations. Eligible students worked 8-10 hours per week for a qualified community agency and received credit towards tuition for the…

Efforts of the Department of Health and Human Services (DHHS) to reduce the delinquency rate in the Health Professions and Nursing Student Loan programs are described. The following activities have been implemented: provision of technical assistance to schools, modifications of the loan program regulations, proposed legislative amendments, liaison…

Federal student aid programs for postsecondary education, and the procedures for applying for them, are described. The following topics are addressed: (1) finding out about student financial aid (sources other than this guide); (2) U. S. Department of Education student aid--general information (eligibility; financial need; forms, records and…

The merits of providing more loan opportunities to parents and students and the implications of this growing reliance on borrowing are considered. The objective is to clarify the alternative federal aid approaches that will be discussed as part of the reauthorization of the Higher Education Act. Federally-sponsored loan programs include Guaranteed…

An agreement for a loan granted by the United States to Indonesia through the Agency for International Development (AID) for higher education development training is described. The assistance to certain educational institutions is designed to assist in the financing of advanced training, upgrading and development of the faculties, administrations,…

A National Education Loan Bank (NELB) is proposed as an alternative to existing federal loan programs for education, such as the National Direct Student Loan program and the Guaranteed Student Loan program. The history and structures of these two programs are detailed: financing, costs, insurance arrangements, agencies, volume, and interest rates.…

The impact of receiving undergraduate student loans on attending graduate school was studied using the data base of the National Longitudinal Study of the High School Class of 1972. Information from a base-year survey conducted in spring 1972 and three followup surveys conducted in fall 1973, 1974, and 1976 was used. Approximately 20,000 students…

Designed to help present the FHA Homebuyers Education and Learning Program (HELP), this guide answers questions about the home buying process. Successful program completion may entitle the participant to a reduction of the cost of mortgage insurance and, in certain cases, assistance with the downpayment and/or closing costs. Each of five modules…

President Bill Clinton used the declining default rate on college student loans as a basis for proposing tax breaks for college costs. Reduced defaults have saved taxpayer money and helped reduce the federal deficit. Over 150 colleges and universities, including 25 private institutions, risk losing eligibility for federal grant and loan programs…

A discussion of the influence of finances on students' decisions to enter medicine or pursue low-paying careers in primary care or clinical investigation looks at three factors: medical school costs, the magnitude of student indebtedness, and the effects of indebtedness on career choice. (Author/MSE)

Outlines 10 issues concerning credit that students should understand: credit reports; credit reporting; obligations when signing/cosigning a loan; creating positive credit history; privacy and the credit report; how lenders make and monitor credit decisions; mailing lists and preapproved credit offers; protecting against credit card fraud; use of…

This evaluative report by the General Accounting Office (GAO) summarizes Department of Education actions made through April 1996 in response to 205 recommendations to improve the management of federal student financial aid programs. The report concludes that the Department had completed actions or had actions in progress or planned for 186 of the…