James M. Fadool, an associate professor of biology at Florida State University, got a federal grant of more than $300,000 to study eye defects using zebra-fish. Some of that money went to pay another researcher, $1,536 biweekly, to assist with the research and manage the lab where the fish were kept. But an audit by the Office of Inspector General…

Colleges risk losing eligibility for government student loan programs, because of tightened loan-repayment requirements for participating institutions. Economic factors and some data-processing errors are blamed for high student default rates. Default rates are charted by state, lender, institution type, and guarantee agency. Colleges threatened…

Despite pressure from Congress and faculty, and a series of revisions in federal regulations, the average rate charged the government by universities for overhead for federally financed research appears remains high. Average rate for the top 100 research institutions is over 50%; most of the highest rates are at private institutions; all the…

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…