Analyzes the issues and implications in the Higher Education Act Amendments of 1998, including the framework of federal student aid it establishes, the reduced federal influence on academic affairs and accreditation, increased regulatory flexibility and reduced administrative burden on institutions, and increased eligibility of distance-education…

In the current implementation of the Federal Direct Student Loan Program, there are lessons to be learned from past higher education loan programs, better ways to administer these programs and direct loans, and points to remember as direct loans are implemented. Current guaranteed student loan programs have been the subject of scrutiny recently…

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…