Loan defaults (11 - 20 of 52 items)
Education and Employment Issue Area--Active Assignments
AA-97-13(1): Published: Jan 2, 1997. Publicly Released: Jan 2, 1997.
GAO provided information on its active assignments in the Education and Employment issue area as of January 2, 1997...
Education and Employment Issue Area: Active Assignments
AA-96-13(4): Published: Sep 3, 1996. Publicly Released: Sep 3, 1996.
GAO presented information on its active assignments in the Education and Employment issue area as of September 3, 1996...
Department of Education: Status of Actions to Improve the Management of Student Financial Aid
HEHS-96-143: Published: Jul 12, 1996. Publicly Released: Jul 12, 1996.
Pursuant to a congressional request, GAO reviewed the Department of Education's student financial aid programs, focusing on the: (1) status of Education actions in response to numerous recommendations concerning the administration of student financial aid programs; and (2) reasons Education gave for not acting on some recommendations.GAO found that: (1) Education has made progress in initiating ac...
Guaranty Agency Finances
HEHS-96-81R: Published: Mar 11, 1996. Publicly Released: Mar 11, 1996.
GAO estimated the potential savings from eliminating either Department of Education administrative expense allowance (AEA) payments to guaranty agencies or AEA payments in conjunction with a reduction in the share of guaranty agencies' collections on defaulted student loans. GAO noted that: (1) eliminating Education's AEA payments to guaranty agencies could save about $1 billion over five years; (...
Student Financial Aid: Data Not Fully Utilized to Identify Inappropriately Awarded Loans and Grants
HEHS-95-89: Published: Jul 11, 1995. Publicly Released: Jul 12, 1995.
Pursuant to a congressional request, GAO reviewed the Department of Education's underlying problems with its student loan and Pell Grant program data, focusing on: (1) whether Education has effectively used student aid data to comply with federal requirements and prevent loan defaults and abuse; and (2) Education's efforts to identify ineligible students and abuse in its loan and grant programs.GA...
Student Loan Defaults: Department of Education Limitations in Sanctioning Problem Schools
HEHS-95-99: Published: Jun 19, 1995. Publicly Released: Jun 19, 1995.
Pursuant to a congressional request, GAO reviewed the Department of Education's efforts to resolve disputes arising from its debarment of schools from federally guaranteed student loan programs, focusing on: (1) how many schools have contested Education decisions and their main points of contention; (2) whether Education has taken sufficient steps to implement the 1993 amendments to the Higher Edu...
Direct Student Loans: Selected Characteristics of Participating Schools
T-HEHS-95-123: Published: Mar 30, 1995. Publicly Released: Mar 30, 1995.
GAO discussed the Federal Direct Student Loan Program. GAO noted that: (1) 102 postsecondary schools are participating in the first year of the program; (2) 59 of the 102 schools are making the direct loans themselves while the other schools use alternative originators to make direct loans to their students; (3) the schools are very satisfied with the program; (4) the program enables students to r...
High Risk Series: Student Financial Aid
HR-95-10: Published: Feb 1, 1995. Publicly Released: Feb 1, 1995.
GAO reviewed the problems that affect the Department of Education's student financial aid programs.GAO found that: (1) in 1992, the federal government paid $2.6 billion to support its guaranteed student loan program; (2) the reasons for the government's student loan liability include the complex loan structure, the lack of incentives to prevent loan defaults, financial risks for lenders and state...
Default Rates at HBCUs
HEHS-94-97R: Published: Mar 9, 1994. Publicly Released: Mar 9, 1994.
Pursuant to a congressional request, GAO provided information on federally guaranteed student loan default rates at historically black colleges and universities (HBCU), focusing on: (1) how current HBCU cohort default rates compare with prior year default rates; (2) the number of HBCU that could lose their Federal Family Education Loan (FFEL) eligibility or be subject to a state review; and (3) th...
Student Loans: Default Rates at Historically Black Colleges and Universities
HRD-93-117FS: Published: Aug 19, 1993. Publicly Released: Aug 19, 1993.
Pursuant to a congressional request, GAO provided information on federally guaranteed student loans and loan defaults for students attending historically black colleges and universities (HBCU), focusing on: (1) the amount of Federal Family Education Loans (FFEL) made to HBCU students; (2) default rates and the amount of defaulted loans for HBCU; and (3) the number of HBCU in fiscal year 1994 that...