TITLE

Defaulting the future

AUTHOR(S)
Toch, Thomas
PUB. DATE
June 1993
SOURCE
U.S. News & World Report;6/21/93, Vol. 114 Issue 24, p56
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses the Clinton administration's plans to overhaul the flawed federal student-aid system. Specific proposals which would give graduates new options for paying off their debt; Arguments that the Clinton plan fails to fully reflect the depth and complexity of the system's problems; Examples; Inability to keep low-quality and unscrupulous schools out of the student-aid system; Profits of financial middlemen; Prospects for reform. INSET: The high cost of learning, by Betsy Wagner..
ACCESSION #
9306160181

 

Related Articles

  • Study finds direct lending a risky mistake for student loan program.  // Westchester County Business Journal;8/2/93, Vol. 32 Issue 31, p11 

    Reveals an economic analysis by Rudolph Penner and Peat Marwick concluding that Congress would be making a mistake by substituting direct government lending for the student loan program. Penner and Marwick's backgrounds; Other projections.

  • Remarks on receiving a report on student loan default rates and an exchange with reporters. Clinton, William J. // Weekly Compilation of Presidential Documents;1/13/97, Vol. 33 Issue 2, p19 

    Presents President Bill Clinton's remarks upon receiving a report on student loan default rates, on January 8, 1997 and his answers to reporters' inquiries. Decline in the default rate on student loans; Sanctions awaiting schools that did not do their part in preventing defaults.

  • Student loans: The wrong cuts. Cohn, Jonathan // Washington Monthly;Oct95, Vol. 27 Issue 10, p42 

    Comments on the US Congress' efforts to revise President Bill Clinton's student loan program. Benefits brought about by Clinton's reform of the student loan system; Provisions of the program; Republicans' efforts to lessen competition in the program.

  • Lobbying 101. A.G. // Common Cause Magazine;Winter95, Vol. 21 Issue 4, p5 

    Reports on the impact of Congressional Republicans budget-cutting of the students-loan program. How students reacted; What they learned. INSET: Just the facts..

  • Lessons from the failure of a student loan guarantor. Cronin, Joseph M. // Phi Delta Kappan;Mar93, Vol. 74 Issue 7, p563 

    Details basic lessons which the higher education community can learn from the financial troubles experienced by the Higher Education Assistance Foundation (HEAF) with student loan guarantors. Services granted by HEAF; Senator Sam Nunn's hearings on HEAP loans; United States Department of...

  • Some banks continue student loans to keep offerings well rounded. Zahodiakin, Phil // American Banker;5/5/1994, Vol. 159 Issue 86, p6 

    Reports on the continued offer of student loan programs by the community banks. Offer of direct lending to the colleges and schools by the Department of Education; Community State Bank's student lending portfolio; Federal Family Education Loan Assistance Program; Student Loan Reform Act of...

  • Audits added to regulatory mix for guaranteed student loans. Zahodiakin, Phil // American Banker;5/5/1994, Vol. 159 Issue 86, p6 

    Reports on the addition of audit required by the Department of Education for banks in the guaranteed student loan programs. Allowance for servicing expenses; Minimum payment for the audit of the banks' allowance estimates; Date of issuance of the regulation requiring the audit.

  • Lenders weigh pluses, minuses of staying in program. Zahodiakin, Phil // American Banker;5/5/1994, Vol. 159 Issue 86, p7 

    Reports on the weighing of costs and benefits of remaining in the student lending program by small banks as the Department of Education prepares to offer direct lending through the schools. Concern on the impact of the department's offer on community banks in rural areas; Proposal for a...

  • Reforms to the Canada Student Loans program: Better access--higher limits. Terrana, Anna // Chinatown News;10/3/94, Vol. 42 Issue 3, p3 

    Outlines the Liberal government's reform of the Canada Student Loans program. Emphasis on results, by linking student aid to successful and timely completion of studies; Cooperative action; Funding.

  • GAO finds problems with Student Loan Program. de Senerpont Domis, Olaf; McConnell, Bill // American Banker;2/20/1997, Vol. 162 Issue 34, p2 

    Focuses on the report by the US General Accounting Office showing that the federal student lending programs are plagued by management problems, despite lawmakers' attempts to overhaul the programs.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics