Vulnerabilities in the Stafford Student Loan Program

T-HRD-91-33: Published: May 29, 1991. Publicly Released: May 29, 1991.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

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 incentives for lenders and guaranty agencies to assume responsibility for preventing loan defaults; and (4) require guaranty agencies to maintain adequate reserves and avoid conflicts of interest.

Sep 12, 2016

Aug 8, 2016

Jun 15, 2016

May 19, 2016

May 17, 2016

Apr 11, 2016

Mar 16, 2016

Feb 8, 2016

Dec 14, 2015

Nov 30, 2015

Looking for more? Browse all our products here