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 instructor guide for a unit on business financing in the PACE (Program for Acquiring Competence in Entrepreneurship) curriculum includes the full text of the student module and lesson plans, instructional suggestions, and other teacher resources. The competencies that are incorporated into this module are at Level 1 of learning--understanding…

This report is a compilation of 1997 default rates for institutions participating in the Federal Perkins Loan Program based on the cohort of borrowers who entered repayment status in the 1995-96 reporting period. Data is presented by state and individual institution and includes: (1) number of borrowers who entered repayment status in 1995-96; (2)…

Provides excerpts from President Clinton's address to the 1995 American Association of Community Colleges Convention. Discusses the importance of education in economic recovery and of community colleges in providing educational opportunities to nontraditional students. Reviews government initiatives to improve education, such as Tech Prep,…

Reviews problems with the Stafford Student Loan Program (Federal Family Educational Loan Program), including high-risk borrowers, dishonest school officials, negligent lenders, and guaranty agencies. Critiques recent reform measures designed to simplify the program. Suggests alternative policies, particularly direct loans from the federal…

"Chronicle of Higher Education" presents an abundant source of news and information for college and university faculty members and administrators. This January 16, 2004 issue of "Chronicle for Higher Education" contains the following articles: (1) "Gymnasium, Ecology Lab, Sentinel" (Selingo, Jeffrey); (2) "Fewer…

This congressional report argues that the costs of the current guaranteed lending program for postsecondary education can be reduced in three ways: (1) by eliminating more-than-competitive returns to private lenders; (2) by reducing administrative costs; and (3) by reducing default costs. It is suggested that the first solution can be accomplished…

This letter report by the Director of Education and Employment Issues in the U.S. General Accounting Office responds to a request from Senator Edward M. Kennedy for information on the federal costs involved for liquidation activities of the Higher Education Assistance Foundation (HEAF) in fiscal year (FY) 1992, the second year of the agreement to…

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 document is a record of testimony presented during a series of three hearings concerning changes that may be needed in the Stafford Loan Program, which each year generates the largest amount of financial assistance for college bound students. Testimony was heard from witnesses representing all sectors of postsecondary education, as were…

The federal Guaranteed Student Loan programs provide low-interest, long-term loans to students with demonstrated financial need to help them pay for their postsecondary education. The number of loan defaults and the associated federal costs are increasing; this handbook is an effort to protect students, increase accountability, and reduce default…

This report describes the activities, accomplishments, and concerns of the Office of Inspector General, U.S. Department of Education, for the 6-month period ending March 31, 2000. The report describes management challenges concerning student financial assistance, including instances of fraud and abuse, concealment of prior defaults, patterns of…

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…

This report examines the U.S. Department of Education's Federal Family Education Loan Program (FFELP) and Federal Pell Grant Program (FPGP), focusing on the extent to which the Department's student aid data are effectively used to help ensure compliance with federal requirements and prevent any abuses from recurring and the improvements that the…

A study analyzed student outcomes at those schools and colleges that filed reports with the Accrediting Commission of Career Schools/Colleges of Technology during the 1993 school year. It also compared these data to information collected in 1990, 1991, and 1992. The study focused on the following outcomes calculated separately for full- and…