The Guaranteed Student Loan (GSL) program's current operations, legislative history, and growth are reviewed, along with research needs. GSLs are made by lenders to college students, and the federal government guarantees them and provides incentive payments to lenders and subsidy payments on behalf of students until loan repayment begins. Today,…

This monograph describes and analyzes major federal and state student financial assistance programs. Chief among those reviewed are the Basic and Supplemental Educational Opportunity Grants, National Direct Student Loans, State Student Incentive Grants, the Guaranteed Student Loans, College Work Study, and the G.I. Bill. The paper explains how…

Recent developments on the topic of Guaranteed Student Loan defaults are summarized, in light of a recent shift in the focus of default reduction efforts from loan originators to the schools themselves. Background information on recent default reports is provided, the recommendations of the Secretary of Education are discussed, and the legislative…

This guide to undergraduate and graduate student loan programs focuses primarily on program administration and management in the context of student loan repayment and collection. By incorporating regulatory requirements with practical suggestions on managing student loan programs, the book provides a framework and a guide for those who are…

Background and legal requirements for disclosure and counseling of students receiving loans under the federal student loan programs are discussed. A definition of loan counseling, a decision-making model for creating an institutional program, and information on loan consolidation are provided. Following introductory and background sections, the…

As part of the reauthorization of the Higher Education Act of 1965 the Congress has examined concerns over the integrity of the student aid program and has consequently looked at reforming the current structure used to approve schools for program participation. The current structure has a "triad" format whereby schools that wish to…

This report provides recent statistics on trends in student aid in the 1980s and 1990s for the federal government, state governments, and educational institutions. The analysis also reports on changes in the costs of attending college and in family incomes in order to provide a context for assessing whether college is becoming more or less…

Student loan alternatives for states, educational institutions, and others who may be facing recent or anticipated reductions in federal aid are considered. Attention is focused on short-run possibilities that require relatively little or no modification of existing federal statutes. Considerations in developing loan alternatives include the…

This monograph presents a history of developments in major student financial aid programs over the past 20 years. An opening section offers highlights of the topic. The article goes on to look at types of student aid, categorized as grants, loans, and work study. An examination of the effects of inflation shows that even taking into account…

More than $25 billion in financial aid in 1988 is awarded annually to students attending postsecondary education. The aid covers about the same percentage of college costs that it did in 1970, but the impact of veterans' education benefits and social security benefits is no longer significant, and loans now make up one-half the total aid, having…

This article investigates the extent to which student borrowers might be induced to prepay by an offer from the government to share a portion of its savings expected from prepayment. The analysis suggests that potential savings are not likely to be large enough to induce significant prepayment. (Author/MLW)

Congressional debate over modification and reform of Title IV, Student Assistance of the Higher Education Act of 1965 is discussed. The 1965 Congressional hearings on the 1965 Act, up for reauthorization in September 1979, are expected to continue into 1980 before Congress finally approves a bill. Title IV implements the federal philosophy that no…