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Consolidated Student Loans. Borrowers Benefit but Costs to Them and the Government Grow. Report to Congressional Requesters.

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General Accounting Office, Washington, DC. Div. of Human Resources. – 1990

In response to the requirements of the Higher Education Amendments of 1986, this report addresses the impact of the two-year-old Student Loan Consolidation Program. Principle findings of the investigation concern the higher interst costs to the borrower that are brought about by longer payment plans and the fact that the government's subsidy costs…

Descriptors: Cost Estimates, Government Publications, Government Role, Grants

Student Loan Program Simplification: Interim Recommendations. A Report to the Congress of the United States and the Secretary of Education.

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Advisory Committee on Student Financial Assistance, Washington, DC. – 1993

This advisory report investigates the possible simplification of the Federal Family Education Loan Program (FFELP) and considers the issue of federal direct lending. The evaluation indicates that complexity in the FFELP is due to multiple, overlapping loan programs with conflicting terms and conditions. Nonstandard policies, procedures, forms, and…

Descriptors: Change Strategies, Efficiency, Federal Aid, Federal Legislation

Student Loan Program Simplification: Final Report. A Report to the Congress of the United States and the Secretary of Education.

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Advisory Committee on Student Financial Assistance, Washington, DC. – 1993

This Advisory Committee's final report presents study activities, findings, and recommendations for the simplification of the Federal Family Education Loan Program (FFELP). Analysis showed that the current FFELP program structure and operations are needlessly complex and require major reform. An interim report providing recommendations for the…

Descriptors: Change Strategies, Educational Legislation, Efficiency, Federal Aid