GAO Study: Close Student Debt Loophole
- Student Consolidation Loans: Potential Effects of Making Fiscal Year 2006 Consolidation Loans Exclusively through the Direct Loan Program: GAO-06-195. Ashby, Cornelia M. // GAO Reports;1/5/2006, p1
Under the Federal Family Education Loan Program (FFELP) and the Federal Direct Loan Program (FDLP), the government guarantees and makes consolidation loans to help borrowers manage their student loan debt. By combining loans into one and extending repayment, monthly repayments are reduced....
- The Education Department should take additional step to ensure the integrity of federal student-aid programs, especially in proprietary schools. // Education Week;10/30/1991, Vol. 11 Issue 9, p22
The article reports on the suggestion of the U.S. General Accounting Office (GAO) for the Department of Education to ensure the integrity of federal student-aid programs. The GAO based its recommendations from a survey on states that strengthened regulations to safeguard student-aid dollars....
- NDEA Loans. // Education Digest;Apr1965, Vol. 30 Issue 8, p57
The article presents information about the National Defense Education Act (NDEA) student loan funds in the U.S. These funds have been under the scrutiny of the General Accounting Office, which is a watchdog agency accountable to the Congress, not the President. The General Accounting Office has...
- Actually, the student loan rate hike's a good thing. McCluskey, Neal // Business Journal Serving Fresno & the Central San Joaquin Valley;7/5/2013, Issue 324674, p26
The author discusses the increase of interest rates on subsidized federal student loans to 6.8 percent which is considered a good thing because cheap student aid fuels increase of tuition.
- GAO reports eight deals under 1993 bond program. Resnick, Amy B. // Bond Buyer;07/14/98, Vol. 325 Issue 30434, p4
Presents the highlights of the United States General Accounting Office's review of the Empowerment Zone bond program. Evaluation of the use of empowerment zone and enterprise community tax incentives; Bond deals reported since 1995; Criticisms concerning the requirements of the program.
- Gao Tells Dingell He Won't Get Bank - Tying Report Until Friday. Hume, Lynn // Bond Buyer;10/7/2003, Vol. 346 Issue 31735, p48
Reports on the decision of the U.S. General Accounting Office not to send its report on the so-called bank-tying practices to Rep. John Dingell. Exploration of allegations of tying abuses by market participants; Conditions on the availability of prices; Generation of bond issue.
- Grab today's shrinking student-loan rates. Kalwarski, Tara // Money;Jul2002, Vol. 31 Issue 7, p113
Reports that U.S. federal student loan interest rates are dropping on July 1, 2002. Advice for consolidating loans under the lower rate; Options for recent graduates and deferred loans.
- Debt decisions. SKEEL, DAVID // World (0888157X);7/26/2014, Vol. 29 Issue 15, p61
The article presents information on the student loan reforms in the U.S. Topics discussed include outstanding student loan debt, student loan defaults, and very poor job market. Also discussed are the types of student loan borrowers, interest rates on student loan, and the role of the government...
- how to pay off college debt. Gibbons, Vera // Real Simple;Apr2012, Vol. 13 Issue 4, p143
The article suggests ways to reduce or pay off student loans. As suggested, one should pay off variable private loans first as the interest rates on variable private loans, which are provided by banks and credit unions, are currently lower than the fixed rates on federally backed and private...