Student loans (81 - 90 of 111 items)
Vulnerabilities in the Stafford Student Loan Program
T-HRD-91-33: Published: May 29, 1991. Publicly Released: May 29, 1991.
GAO discussed ways to improve the structure and administration of the Department of Education's Stafford Student Loan Program. GAO believes that Education needs to: (1) do a better job of approving and monitoring eligible schools; (2) expedite the development of its new student loan data systems designed to screen out ineligible students before they receive guaranteed loans; (3) provide better inc...
Student Aid Information and Private Tuition-Guarantee Programs
T-PEMD-91-6: Published: May 15, 1991. Publicly Released: May 15, 1991.
GAO discussed students' and parents' knowledge of college costs, and federal and private-sector student aid programs. GAO noted that: (1) students and parents had limited knowledge of the cost of attending different kinds of schools, and the availability of student aid; (2) students and parents from low-income families knew more about grants, while those from higher-income families knew more about...
Student Loans: Characteristics of Defaulted Borrowers in the Stafford Student Loan Program
HRD-91-82BR: Published: Apr 26, 1991. Publicly Released: Apr 26, 1991.
Pursuant to a congressional request, GAO reviewed studies of the various characteristics of students who defaulted on loans obtained under the Stafford Student Loan Program.GAO found that: (1) 12 studies frequently identified such defaulter characteristics as vocational or trade school attendance, low income, minority background, limited financial support, no high school diploma, failure to comple...
Stafford Student Loans: Millions of Dollars in Loans Awarded to Ineligible Borrowers
IMTEC-91-7: Published: Dec 12, 1990. Publicly Released: Jan 24, 1991.
Pursuant to a congressional request, GAO evaluated the Department of Education's database on Stafford student loans and how Education could use such data to prevent loan abuses.GAO found that: (1) about 32,000 students who had defaulted on loans totalling over $54 million later received new loans worth over $109 million; (2) Education may have made up to $5 million in loans to students in excess o...
Guaranteed Student Loans: Profits of Secondary Market Lenders Vary Widely
HRD-90-130BR: Published: Sep 28, 1990. Publicly Released: Sep 28, 1990.
Pursuant to a congressional request, GAO reviewed the activities of secondary market lenders that purchase loans made under the Department of Education's Stafford Student Loan Program to determine the: (1) lenders' rates of return or profitability on Stafford loans during fiscal years 1985 through 1988; (2) reasons for varying levels of profitability among those lenders; and (3) effects of the 198...
Defaulted Student Loans: Analysis of Defaulted Borrowers at Schools Accredited by Seven Agencies
HRD-90-178FS: Published: Sep 12, 1990. Publicly Released: Sep 12, 1990.
Pursuant to a congressional request, GAO provided information on the default rates in the Department of Education's Stafford Student Loan Program for postsecondary schools accredited by seven agencies.GAO found that: (1) the number of schools accredited by the agencies ranged from 16 to 781; (2) the number of borrowers in repayment by accrediting agency ranged from 16,413 to 353,872, and the loan...
School Accreditation: Activities of Seven Agencies That Accredit Proprietary Schools
HRD-90-179BR: Published: Sep 12, 1990. Publicly Released: Sep 12, 1990.
Pursuant to a congressional request, GAO reviewed information on the activities of seven agencies that accredited for-profit or proprietary schools that may participate in the Department of Education's Stafford Student Loan Program.GAO found that, between fiscal years 1985 and 1989: (1) the 7 agencies accredited 1,880 schools and denied 281 accreditation applications; (2) 6 agencies deferred accre...
Higher Education: Gaps in Parents' and Students' Knowledge of School Costs and Federal Aid
PEMD-90-20BR: Published: Jul 31, 1990. Publicly Released: Aug 29, 1990.
Pursuant to a congressional request, GAO reviewed information on students' and parents' knowledge of federal financial aid for higher education and the cost of postsecondary schools.GAO found that: (1) more than 59 percent of ninth graders had received no information about financial aid from their schools; (2) most middle- and low-income parents without children in college lacked information about...
Supplemental Student Loans: Legislative Changes Have Sharply Reduced Loan Volume
HRD-90-149FS: Published: Aug 3, 1990. Publicly Released: Aug 3, 1990.
Pursuant to a congressional request, GAO provided information on the possible impact of revised eligibility requirements on the volume of Supplemental Loans for Students (SLS).GAO found that: (1) SLS volume has dropped substantially since the revised eligibility requirements became effective; (2) the overall volume for the 10 guaranty agencies it studied was almost 46 percent lower during the four...
Financial Problems in the Stafford Student Loan Program
T-HRD-90-52: Published: Jul 27, 1990. Publicly Released: Jul 27, 1990.
GAO discussed the financial problems of the Stafford Student Loan Program and the growth in loans guaranteed and defaulted. GAO found that: (1) the Stafford Student Loan Program represented 61 percent of federal student aid for fiscal year 1990; (2) between fiscal years 1983 and 1989, the number of guaranteed loans increased from about $3 million to almost $4.7 million, and the number of defaulted...