Guaranteed Student Loans: Actions To Ensure Continued Student Access to Subsidized Loans. Report to the Chairman and Ranking Minority Member, Committee on Economic and Educational Opportunities, House of Representatives.

Institution	General Accounting Office, Washington, DC. Health, Education, and Human Services Div.
Titel	Guaranteed Student Loans: Actions To Ensure Continued Student Access to Subsidized Loans. Report to the Chairman and Ranking Minority Member, Committee on Economic and Educational Opportunities, House of Representatives.
Quelle	(1995), (19 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Access to Education; Educational Legislation; Federal Aid; Federal Legislation; Finance Reform; Financial Aid Applicants; Government Role; Higher Education; Interest (Finance); Loan Repayment; Student Loan Programs + Suchen Sie Ihr Suchwort? Education; Access; Bildung; Zugang; Bildungszugang; Bildungsrecht; Schulgesetz; Bundesrecht; Financial reform; Finanzreform; Antragsteller; Hochschulbildung; Hochschulsystem; Hochschulwesen; Zins
Abstract	This study examined the availability of federally subsidized Stafford student loans for postsecondary education in light of recent legislated changes, specifically the Higher Education Amendments of 1992 and the Student Loan Reform Act of 1993, which authorized the Federal Direct Student Loan Program, brought changes to the Federal Family Education Loan Program, and decreased interest rates lenders may charge for Stafford loans and the rate at which lenders receive reimbursement if borrowers fail to repay the loans. A survey of 43 guaranty agencies was conducted, guaranty agency documents were reviewed, and officials of government agencies and interest groups were interviewed. The study found that many lenders and guaranty agencies expect some eligible students to have difficulty obtaining subsidized Stafford loans over the next few years, as some lenders become selective in making Stafford loans or stop participating in the program. Lender refusals to make loans were not expected to be widespread. If a guaranty agency is unable to provide loans to a student, the U.S. Department of Education has arrangements with the Student Loan Marketing Association to make loans and has arrangements with an agency to serve as a guarantor of last resort. The questionnaire and summary results are appended. (JDD)
Anmerkungen	U.S. General Accounting Office, P.O. Box 6015, Gaithersburg, MD 20884-6015 (first copy free, additional copies $2 each; 100 or more copies are discounted 25 percent).
Erfasst von	ERIC (Education Resources Information Center), Washington, DC