Suggests alternative sources of financial aid for college students including loan programs, tax-exempt bonds, trust funds, and corporate or union tuition aid. Lack of information concerning available resources remains a major concern both for parents and colleges competing for students. (JAC)

This report addresses the dollar savings described in the Government Accounting Office's (GAO) report supporting direct lending as opposed to the present guaranteed student loan program. The critique explains the changes in the GAO model assumptions and projections that are believed necessary to move from the original $4.8 billion savings to a…

Financial aid for students is now a complex educational industry, with expenditures in California reaching $1,500,000,000 in 1987 (including loans, grants, and jobs). This has grown from under $10,000,000 in the 1950s. As it became more important to study the policies involved in student financial aid, The Eureka Project was created. This…

The United States spends more than $500 billion a year on education at the elementary, secondary, and postsecondary levels. State, local, and private expenditures account for over 90 percent of the spending, and agencies of the federal government contribute less than 10 percent. This report highlights the U.S. Department of Education's current…

This document contains information from the joint House and Senate conference concerning the provisions of S. 1150, the reauthorization of the Higher Education Act, specifically the material is organized in sequential order as the provisions are found in the legislation, using key word identifiers and additional explanatory narrative. An in-depth…

This paper responds to a congressional request for more information concerning first, the potential cost savings from direct rather than guaranteed student loans and second, the ability of the Department of Education and postsecondary institutions to effectively manage a direct lending program. The report: (1) provides a more complete analysis of…

This report proposes reform recommendations in the Federal Student Loan Program that are intended to reduce government (and taxpayer) costs, allow for the incorporation of the National Service Initiative, and provide more flexible repayment terms for borrowers. The proposal provides for an evaluation period for direct government lending, the…