Summarizes a wealth of statistical information concerning the economic development and debt for a number of developing nations. Includes statistics on the gross national product growth of Cote d'lvoire, Guatemala, Malaysia, Korea, Colombia, and Nigeria, as well as, the gross domestic product growth and debt service for Latin America, Africa, and…

Federal budget-balancing legislation includes tax credits and deductions, worth $40-billion over five years, to help people pay for college. Provisions include tax credits, deduction of student loan interest and some employer-paid tuition assistance, penalty-free individual retirement account withdrawals, student loan forgiveness, institutional…

Defaults on guaranteed student loans were examined in a sample of 4,617 students in proprietary vocational schools and community colleges in California. Default rates stemmed largely from students' background characteristics, rather than from characteristics or practices of the institutions they attend. (SLD)

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…

The impact of 1981 reforms in Chile's higher education system is described and analyzed. The system has been diversified by encouragement of private universities and creation of professional institutes and technical training centers. Funding system changes have produced student loan recovery problems and limited private offerings. Oversupply of…

Student borrowing for higher education has increased dramatically, and some students begin their adult lives with considerable debt. Financial burden measures should be incorporated into student loan repayment requirements and used to adjust either monthly or annual repayments or the period of repayment. Reducing debt burden would help make…

This document contains a semiannual report on the activities of the Department of Education's Office of Inspector General (OIG) for the 6-month period ending March 31, 1996. It highlights the Office's significant accomplishments and activities, including: (1) a series of audit reports to aid reauthorization of the Rehabilitation Act; (2)…

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 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…