Higher Education: Factors Lenders Consider in Making Lending Decisions for Private Education Loans

Scott, George A.
November 2009
GAO Reports;11/17/2009, p1
Government Documents
The article presents a letter summarizing the work of the U.S. Government Accountability Office under the mandated study in section 1122 of the Higher Education Opportunity Act of 2008 (HEOA). It cites the issues raised in the mandate including the key characteristics of private education loan borrowers as well as the type of schools they attended. Another is the way lenders use non-individual factors and the impact of using those factors.


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