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Gladieux, Lawrence; And Others – 1985
Basic information about the federal Guaranteed Student Loan (GSL) program, including its status and the level of participation, is presented, and policy issues concerning cost, equity, efficiency, and administration are also identified. After specifying six criteria for evaluating options for change in the program, specific options are listed…
Descriptors: College Students, Credit (Finance), Eligibility, Evaluation Criteria
National Commission on Student Financial Assistance, Washington, DC. – 1983
The need for efficient and effective systems to deliver financial assistance to students and to administer the Guaranteed Student Loan (GSL) program is assessed, and recommendations for improving delivery systems are provided. Attention is directed to the delivery of Pell Grant and campus-based assistance, the provision of information to current…
Descriptors: College Students, Delivery Systems, Federal Regulation, Government School Relationship
McPherson, Michael S. – 1988
This discussion of how the effectiveness of federal student aid can be evaluated is framed in terms of three questions: (1) Has federal student aid expanded educational opportunity; that is, has it encouraged the enrollment and broadened the educational choices of disadvantaged students? (2) Has federal student aid made the distribution of higher…
Descriptors: College Students, Disadvantaged Youth, Educational Opportunities, Educational Policy
Long, Bridget Terry – Federal Reserve Bank of Boston, 2007
The returns to college are substantial, including increased earnings and public benefits, such as better health and increased involvement in public service and giving. As a result, since the introduction of the Guaranteed Student Loan program in 1965 and the Pell Grant in 1972, the federal government has experimented with using financial aid to…
Descriptors: Higher Education, Financial Needs, Consumer Economics, Program Effectiveness
Congress of the U.S., Washington, DC. Senate Committee on Governmental Affairs. – 1990
The congressional hearing report scrutinized the role of banks, guarantee agencies, student loan secondary markets, and loan servicers in the operation of federal student aid programs. Program weaknesses which have contributed towards to abuse and fraudulent practices of federally backed student loans were identified. Witnesses included officials…
Descriptors: Agency Role, Federal Aid, Fraud, Higher Education
McPherson, Michael S.; And Others – Rockefeller Institute Conference Proceedings, 1985
This paper examines the problem of determining how effective student aid programs have been in promoting the college enrollment of lower income and disadvantaged students and analyzes the institutional means through which federal aid policies have been implemented. The importance of considering the key role of state and institutional responses to…
Descriptors: Disadvantaged, Educational Economics, Educational Finance, Educational Policy
Hauptman, Arthur M.; Merisotis, Jamie P. – 1989
More than $25 billion in financial aid in 1988 is awarded annually to students attending postsecondary education. The aid covers about the same percentage of college costs that it did in 1970, but the impact of veterans' education benefits and social security benefits is no longer significant, and loans now make up one-half the total aid, having…
Descriptors: Access to Education, Economically Disadvantaged, Eligibility, Financial Services