Student loans (71 - 80 of 95 items)
Supplemental Student Loans: Who Borrows and Who Defaults
HRD-90-33FS: Published: Oct 17, 1989. Publicly Released: Oct 17, 1989.
Pursuant to a congressional request, GAO provided information on the Supplemental Loans for Students (SLS) Program, focusing on the: (1) volume of loans made to students attending postsecondary and proprietary schools; (2) extent to which freshman students borrowed as opposed to other students; and (3) value of SLS defaulted loans.GAO found that: (1) during the last 3 years, SLS loans have totalle...
Guaranteed Student Loans: Comparisons of Single State and Multistate Guaranty Agencies
HRD-89-92: Published: Jul 11, 1989. Publicly Released: Jul 11, 1989.
Pursuant to a legislative requirement, GAO compared the practices of multistate and single-state guaranty agencies which insure lenders against defaulted loans under the Department of Education's Stafford Student Loan Program.GAO found that: (1) guaranty agencies' loan volumes varied widely, with the largest agency insuring over $2 billion in new loans and paying over $200 million in default claim...
Guaranteed Student Loans: Analysis of Student Default Rates at 7,800 Postsecondary Schools
HRD-89-63BR: Published: Jul 5, 1989. Publicly Released: Jul 5, 1989.
Pursuant to a congressional request, GAO provided information on the: (1) types of schools attended by and default rates of approximately 1.2 million borrowers who obtained student loans from the Department of Education's Stafford Student Loan Program in 1983; and (2) borrower default rate, total default dollars, and total number of defaulters for each of the approximately 7,800 schools the borrow...
Defaulted Student Loans: Preliminary Analysis of Student Loan Borrowers and Defaulters
HRD-88-112BR: Published: Jun 14, 1988. Publicly Released: Jun 14, 1988.
GAO provided information regarding the characteristics of borrowers and defaulters in the Department of Education's Guaranteed Student Loan program.GAO found that: (1) loans guaranteed through 1987 totalled over $70 billion, with outstanding student debt almost doubling during the last 5 years; (2) during the same 5-year period, defaults increased by 276 percent, with federal default claims amount...
Pell Grants: Who Receives Them and What Would Larger Grants Cost?
HRD-88-106BR: Published: Jun 14, 1988. Publicly Released: Jun 14, 1988.
In response to a congressional request, GAO analyzed a proposal to substitute Pell Grants for guaranteed student loans, focusing on the: (1) costs associated with increasing the size and availability of Pell Grants; and (2) characteristics of Pell Grant recipients.GAO found that: (1) 2.8 million undergraduate students received over $3.4 billion in grants in the 1986 through 1987 school year to fin...
GAO's Views on the Default Task Force's Recommendations for Reducing Default Costs in the Guaranteed Student Loan Program
T-HRD-88-7: Published: Feb 2, 1988. Publicly Released: Feb 2, 1988.
GAO discussed the Default Task Force's recommendations concerning the increased costs of student loan defaults in the Guaranteed Student Loan (GSL) Program. GAO found that: (1) recent legislative and regulatory changes have subjected lenders and guaranty agencies to stronger loan origination and collection standards and increased oversight to help reduce defaults and increase collections; (2) sinc...
Guaranteed Student Loans: Potential Default and Cost Reduction Options
HRD-88-52BR: Published: Jan 7, 1988. Publicly Released: Jan 7, 1988.
In response to a congressional request, GAO provided information on options for reducing guaranteed student loan defaults and related federal costs for higher education.GAO found that options: (1) requiring borrowers to pay a loan origination fee, eliminating the grace period before beginning repayment, and charging market interest rates for borrowers who default would specifically impact students...
Guaranteed Student Loans: Analysis of Insurance Premiums Charged by Guaranty Agencies
HRD-88-16BR: Published: Oct 7, 1987. Publicly Released: Oct 7, 1987.
In response to a congressional request, GAO reviewed the insurance premium rates that guaranty agencies charge student borrowers under the Guaranteed Student Loan Program.GAO found that: (1) the agencies received $83 million in premiums in fiscal year (FY) 1986, with effective insurance rates ranging from .064 to 2.87 percent; (2) 10 of the agencies lowered their insurance rates, while 7 raised th...
Guarantee Agency Funding, Operations, and Reserves Under the Guaranteed Student Loan Program
127236: Jun 20, 1985
GAO reviewed the guarantee agencies under the Guaranteed Student Loan Program (GSLP) with emphasis on how those agencies are financed and how they accumulate, maintain, and use reserve funds. There are 47 organizations that serve as the guarantee agencies for 58 separate reporting units under GSLP and act as the middleman between the Department of Education and lenders. Federal funds in the form o...