Outstanding federal student loan debt exceeds $1.6 trillion and is owed by about 45 million borrowers. Since taking office, the Biden Administration has taken various actions to address student loan debt. These actions have ranged in scope (both in terms of borrower populations affected and associated modification costs), rationales, and the…

This paper presents the Federal Student Aid Annual Report for 2010. Federal Student Aid experienced an extraordinary year in 2010. The passage and enactment of the Health Care and Education Reconciliation Act of 2010 ushered in sweeping reforms to the federal student financial assistance programs, resulting in tens of billions of dollars in…

Colleges and universities are finding that improvements in the guaranteed student loan process are making it more attractive than direct lending. In its third year, the direct lending program's total loan volume remains at 33%, well below the 50% goal set in originating legislation. Even some of its strongest supporters fear the program will have…

An analysis of the federal Stafford Student Loan Program summarizes its successes, limitations, and numerous problems and explains why reform has not yet occurred. A policy stalemate in Congress, lack of a well-developed reform alternative, and newly professionalized and mobilized interest groups are seen as making change unlikely. (Author/MSE)

This description of federal compensatory education programs for the economically disadvantaged was prepared for the Organization for Economic Cooperation and Development's review of national education policies. As background, the report first describes the U.S. educational system, the social and educational changes since 1954 that gave rise to…

This introductory article describes current research on student loans in developing countries and concludes that student loans in these countries are feasible, can promote wider cost sharing, and can help to generate additional resources for higher education but only if loan programs are well designed and efficiently managed. (Author/DB)

Essentially an application of installment purchase concepts to higher education, the Zero Cash Plan allows students without cash from family resources for room, board, and tuition to attend Cazenovia College (New York) by deferring parent contributions until after graduation. The program has evolved to meet changing student and institution needs.…

Packaging student financial aid, bringing the various forms of assistance together into a combination of resources sufficient for an individual student to meet college costs, reflects national and institutional philosophy about who should have access to higher education and who should pay, and how the pool of applicants is to be treated equitably.…

A discussion of the Canada Student Loans program argues that it lacks vertical and horizontal equity and creates a work disincentive, program rules need updating to reflect inflation and tax rate changes, and the government is controlling the cost of program interest subsidy inefficiently. An alternative program design is proposed. (Author/MSE)

During the year 1973, the Kentucky Higher Education Assistance Authority (KHEAA) conducted a five-phase research program on postsecondary student financial needs and resources in Kentucky. This document deals with phase V of that study. The major objective on phase V is the development of model student assistance programs for Kentucky. KHEAA has…

This evaluative report by the General Accounting Office (GAO) summarizes Department of Education actions made through April 1996 in response to 205 recommendations to improve the management of federal student financial aid programs. The report concludes that the Department had completed actions or had actions in progress or planned for 186 of the…

This report examines the facilitation of financing higher education in Hawaii. The report covers financial aid programs available to Hawaii college students, as well as prepaid and guaranteed tuition programs and college savings programs. Following an introductory chapter, Chapter 2 focuses on threshold questions such as state constitutional…

The council's recommendations for 1977 for college-based financial aid programs and for the guaranteed student loan program are both summarized and explained, and the progress of financial aid programs in 1976-77 is reviewed. The latter review includes the training of aid administrators, aid application simplification, regulations and guidelines,…

This publication discusses the activities of the Colombian Institute for Technical Studies Abroad (ICETEX) and presents the 1944 master's thesis which outlined the formation of ICETEX. This thesis, entitled "Project for the Creation of the Colombian Institute for Advanced Training Abroad," was completed at Syracuse University by the…

This report examines issues relevant to establishing an Office of Student Financial Assistance (OSFA) ombudsman office within the Department of Education. The OSFA ombudsman office came out of the need to improve student lending program services and to mitigate the impact of loan default on students. It was determined that students involved in…