The Council for the Management of Educational Finance (Council) and the Texas Guaranteed Student Loan Corporation (TG) are pleased to provide this guide, one in a series of default aversion resources available to the higher education community. Originally published in 2000 and revised in 2003, this guide has now been updated to reflect recent…

The cost of attending college has surpassed federal financial aid limits and fewer parents are paying the balance. As private lenders have been targeting undergraduate students to obtain private (alternative) loans to fill the financial gap, many students do not have parents or other adults to help them navigate one of the largest financial…

The credit market in the United States currently suffers from a rare and serious disruption. Once flowing with liquidity, the creativity and vibrancy of these markets helped fuel an economy that had been the envy of the world. Poor repayment performance in the subprime mortgage market has now reduced the availability of funds needed for other…

Sallie Mae's study, "How America Pays for College 2009," conducted by Gallup, provides a picture of how families made the investment in higher education last academic year and how they are beginning to meet the challenges of the economic recession. Based on a nationally representative survey of college-going students and parents of undergraduates,…

Faced with having to make a decision between the career they want and one that will pay enough for them to climb out of debt, many college students are choosing the latter. This trend has alarmed some observers and has revived interest in an idea once thought to be a relic of the Clinton administration: income-contingent repayment. Legislation…

Federal Student Aid's core mission is to ensure that all eligible Americans benefit from federal financial assistance--grants, loans and work-study programs--for education beyond high school. The programs administered comprise the nation's largest source of student aid. Every year, the U.S. Department of Education provides more than $83 billion in…

Analyzes student loan debt at the University of Missouri-St. Louis School of Optometry, showing the need for a comprehensive debt management program. Presents a model for determining manageable amounts of student loan debt developed from conventional lending criteria and data on earnings for optometrists. (EV)

This project studied four career college and school campuses in Texas that had higher than average graduation rates and lower than average student loan default rates to determine what they did to achieve these positive outcomes. The visits to the campuses found that a conscious, concerted effort to integrate students into the academic and social…

The 1998 Amendments of the Higher Education Act require the U.S. Department of Education and the General Accounting Office to identify no fewer than 3 different market mechanisms for use in determining lender return on student loans while continuing to meet the other objectives of the Federal Student Loan Program. This report is the final report…

This interview with the comptroller for the U.S. Department of Education focuses on efforts to improve credit management and debt collection. Topics discussed are the credit management initiative, the extent of the problem, improvements, the Housing and Facilities Loan Program, and the significance of the Debt Collection Act of 1982. (JOW)

Unless legislative or judicial action is taken, the current high volume of student loans will likely encourage frequent utilization of Chapter 13 of the Bankruptcy Reform Act of 1978 for unintended purposes. (Author/IRT)

Pressure is growing for Congress to overhaul the student loan consolidation program which has allowed borrowers to lock in low interest rates over the loan life. Lenders and student groups are in opposition over the program; colleges are tending to take a neutral stance. (SLD)

Describes the student loan management program at the Divers Institute of Technology. Includes preparation of student loan portfolios, entrance interviews, midpoint interviews, and follow-up. Indicates that there must be more and better communication among lenders, secondary markets, services, guarantee agencies, students and schools to reduce the…

Outlook is the monthly newsletter for the Council for American Private Education (CAPE). Each issue contains information relating to private education such as: new legislation and regulations, the most recent research, court rulings, national trends, federal initiatives, private school news briefs, and more. This issue contains the following…

Context: Rural communities, often with complex health care issues, have difficulty creating and sustaining an adequate health professional workforce. Purpose: To identify factors associated with rural recruitment and retention of graduates from a variety of health professional programs in the southwestern United States. Methods: A survey…