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…

The Clinton Administration's proposed overhaul of the guaranteed student loan program would pay banks the amount of unpaid federal student loans, making the government the sole insurer of the loans. Guarantee agencies feel this action would strip them of their primary tasks of reimbursing lenders for unpaid loans. The initiative is intended to…

The implications of the 1998 Higher Education Act Amendments for students and institutions are summarized, including those for federal student financial aid programs, loan guarantee agency reforms, distance-education programs, student and institutional eligibility, campus crime, college costs, federal outreach and student service programs,…