Examines the debt burden of 1992-1993 bachelor's degree recipients in light of their financial circumstances approximately 4 years after graduation. Data from the Baccalaureate and Beyond Longitudinal Study show that about one-half of all 1992-1993 bachelor's degree recipients borrowed to help pay for their undergraduate education, and about…

Federal student loans include a complex consolidation option that gives borrowers the opportunity to combine several loans into a single loan with a longer term to maturity and, for loans originated before July 2006, to convert from a variable- to a fixed-rate loan. The consolidation option adds substantial costs to the federal student loan…

This state-mandated study examined the needs of Iowa chiropractic students and the Iowa demand for chiropractic health care in order to determine the feasibility of establishing a chiropractic forgivable loan program. The project used financial aid data and repayment rate data to evaluate the need for financial aid for chiropractic students;…

This brief pamphlet is a financial planning and repayment guide designed to help college students make informed decisions about participating in Federal Family Educational Loan Programs as administered in California through the California Student Aid Commission. Following an introduction the guide begins by suggesting that students map out a…

This guide to federal Direct PLUS loans for parents of students attending postsecondary education institutions begins with a list of frequently asked questions and answers. The first chapter is on the basics of what a Direct PLUS loan is and what parents need to know before applying for a Direct PLUS loan. The second chapter, which deals with…

A review was done of information on data and issues surrounding a possible tax allowance for interest payments on educational loans. The tax reform of 1986 eliminated the itemized deduction of interest paid on educational loans, effective in 1991. However, rising educational costs and continued reliance on borrowing for education has led Congress…

This publication presents an assessment of various methods applicable for measurement of lender profitability with particular emphasis on net present value (NPV) in order to determine whether the Department of Education's current method for determining lender profitability within the Stafford Student Loan program is the best. The introduction…

A congressional report is presented on a bill to amend the Public Health Service Act to establish a National Health Service Corps Loan Repayment Program and to revise and extend the program for the National Health Service Corps (NHSC). The National Health Service Corps Amendments Act of 1987 extends authorizations for 3 fiscal years (FY…

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…

The financial crisis for institutions of higher education is deepening. Higher tuition rates may be one of the answers, but this would exclude even more young people from attending college because of inability to pay, at a time when greater equality of opportunity in higher education has become an important goal. Federal support has helped but not…

Problems with the Reagan administration's proposal for an income contingent loan (ICL) program are discussed. From an institution's perspective, ICLs are likely to be a major administrative headache because colleges would be required to administer it. (MLW)

Examines student loan systems in both developed and developing countries to provide guidance on issues such as loan size, eligibility criteria, and repayment terms. Experience suggests that student loans in developing countries are feasible, but that benefits may be more modest than previously suggested. Includes two notes and 23 references. (MLH)

A report on for-profit trade schools said that many schools offer such poor-quality training that large numbers of their students drop out and default on their student loans when they cannot find jobs. Secretary Bennett calls on Congress to crack down on proprietary schools. (MLW)

The rapid and substantial rise in college student indebtedness has raised concern about young people's ability to repay loans and the impact on the national economy, the borrowers' economic well-being, equality of access to higher education, and even the educational process itself. (MSE)