The University of Oregon's financial aid director describes the success of the Federal Direct Student Loan program in its first year at the institution. No significant program disadvantages were experienced, and its advantages included flexibility of administration, ease of data management with the servicer, decrease in office workload, and…

A study compared college student income and cost of living (housing, food, and some additional expenses) in relation to income at Leeds Polytechnic and five other geographically diverse British institutions. The study was undertaken to assess the need for and impact of a new national student loan program. (MSE)

A study investigated the effects of changes in institutional aid strategies on student persistence, exploring the implications of increased reliance on loans at a private university. Increases in grants and loans appeared to improve student persistence. However, students' increased loan burden should be considered. The study also suggests that new…