Paying for graduate school, juggling loans, assistantships, and grants to meet costs is probably as complex as any budget that a professional will have to tackle. Some advice on financing graduate school is provided. (MLW)

This booklet describes the Direct Consolidation Loan program students can use to combine one or more student loans into a new loan. Things to consider before seeking a consolidation loan are outlined. Direct consolidation loans offer a number of advantages; they are free, result in one lender and one monthly payment, and offer flexible repayment…

As the number and volume of student loans increase nationally, lenders and policymakers look more closely at the use of loan forbearance. This paper examines whether forbearance really cuts the risk of loan default by reporting on a study of more than 9,800 Stafford loans in forbearance in December 1996. That research shows that the default rate…

The Waycross (Georgia) school system retired its debt and reduced its tax rates, without reducing educational quality, by budgeting for an operating reserve, carefully reviewing programs, reducing its fiscal responsibilities for special programs, and tightening its budget management techniques. (RW)

Presented is an interactive PASCAL computer program that computes the true mortgage interest rate. The half-interval technique, a method from numerical analysis, is incorporated into the program algorithm to approximate a solution of a continuous function on a closed interval. (JJK)

This article illustrates a fundamental challenge faced by the charter school movement. Charter schools are publicly funded, yet privately managed under the terms of a charter with a governing body, whether it be the state, a local authorizing board, a local school district, or a university. Even though charter schools are public schools, and often…

2Futuro is a new "Spanish-first" college-financing program rolled out by Sallie Mae and USA Funds. The pilot version of 2Futuro launched last summer and is, say its partnering agents, "the only fully bilingual college-financing and outreach program that enables Hispanic parents and students to apply for college loans in Spanish. By the end of the…

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: during the 2004-05 school year alone, approximately $74 billion in new aid was…

This report provides comparative data on various features of 36 student loan programs available to undergraduate and/or graduate students in New York. Presented in a table format, the report provides information on loan type, lender, maximum limit, minimum limit, interest rate/payment, fees, repayment guidelines, eligibility, disbursement, and…

This document presents testimony from the June 1998 hearing on the Children's Development Act (H.R. 3637) held before the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises. H.R. 3637 encourages the lending of resources to child care facilities by allowing a bank or lender access to a federal reinsurance program that…

This study examined characteristics differentiating defaulters on Stafford student loans (formerly Guaranteed Student Loans) from non-defaulters. Data were drawn from a sample of 100,000 records randomly selected from the fiscal year 1987 guarantee agency cumulative borrower file. A cohort of 7,382 borrowers taking out their last loan in FY 1983…

The Supplemental Loans for Students (SLS) program provides market-rate loans to postsecondary students. This report presents information on SLS loan volume and default data for the 10 largest SLS lenders from nine guaranty agencies, for fiscal years 1987, 1988, and 1989. Data for both proprietary and nonproprietary schools and for both freshmen…

This paper explores some questions about the use of income for determining repayment of educational loans. The plans generally call for a level of repayment to cover the initial advances, plus interest for a college graduate with average income, but would require less than full repayment for the students with low income, and over full repayment…

Suggests strategies for finding an appropriate bank for a day care center, maintaining a good relationship with a bank once one has been selected, and obtaining and repaying a day care center loan. (SKC)

The means by which students can discharge loan obligations through bankruptcy are reviewed, and issues and procedures for the institution-creditor to consider are presented. (MSE)