Guaranteed Student Loans:
Credit Bureau Reporting Practices by Guaranty Agencies and Lenders
HRD-90-71BR: Published: Apr 9, 1990. Publicly Released: Apr 9, 1990.
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Pursuant to a congressional request, GAO reviewed the implementation of the Higher Education Amendments of 1986, focusing on: (1) guaranty agencies' and lenders' actions; and (2) the provisions' effect on individuals' repayment of student loans.
GAO found that: (1) all guaranty agencies had agreements with or reported student loan delinquencies to at least one of the six national credit bureaus, but only three agencies entered into agreements with all six; (2) all lenders reported to at least one credit bureau; (3) guaranty agencies and lenders believed that such reporting reduced the number of loan defaults; (4) most agencies were unable to judge the provisions' impact on borrowers; (5) most lenders believed that the provisions hindered delinquent borrowers and helped borrowers who made timely payments; (6) most guaranty agencies and lenders opposed a proposed provision requiring the deletion of bad credit ratings if borrowers subsequently repaid their loans; (7) most guaranty agencies and half of the lenders believed that they should be allowed to delete bad credit ratings; (8) guaranty agencies would like report to fewer national credit bureaus; (9) most agencies reported to bureaus and updated records at least monthly; (10) most agencies believed that credit bureau reporting had some effect on improving their postdefault collections; (11) all the lenders reported all new borrowers and updated records monthly; and (12) most lenders updated records to show delinquencies within 90 days.
Oct 14, 2020
Disaster Recovery:
COVID-19 Pandemic Intensifies Disaster Recovery Challenges for K-12 SchoolsGAO-21-62R: Published: Oct 14, 2020. Publicly Released: Oct 14, 2020.
Sep 29, 2020
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Federal Student Loans:
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Aug 27, 2020
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Native American Youth:
Agencies Incorporated Almost All Leading Practices When Assessing Grant Programs That Could Prevent or Address Delinquency [Reissued with revisions on Aug. 27, 2020.]GAO-20-600: Published: Aug 6, 2020. Publicly Released: Aug 6, 2020.
Jul 24, 2020
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K-12 Education:
School Districts Need Better Information to Help Improve Access for People with DisabilitiesGAO-20-448: Published: Jun 30, 2020. Publicly Released: Jul 24, 2020.
Jul 9, 2020
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K-12 Education:
Characteristics of School ShootingsGAO-20-455: Published: Jun 9, 2020. Publicly Released: Jul 9, 2020.
Jun 5, 2020
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Indian Education:
Actions Needed to Ensure Students with Disabilities Receive Special Education ServicesGAO-20-358: Published: May 22, 2020. Publicly Released: Jun 5, 2020.
Jun 4, 2020
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K-12 Education:
School Districts Frequently Identified Multiple Building Systems Needing Updates or ReplacementGAO-20-494: Published: Jun 4, 2020. Publicly Released: Jun 4, 2020.
May 21, 2020
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Higher Education:
Approaches and Strategies Used in College Campus Surveys on Sexual ViolenceGAO-20-351: Published: Apr 21, 2020. Publicly Released: May 21, 2020.
Apr 27, 2020
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K-12 Education:
Information on How States Assess Alternative School PerformanceGAO-20-310: Published: Mar 27, 2020. Publicly Released: Apr 27, 2020.
Apr 21, 2020
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K-12 Education:
Education Needs to Address Significant Quality Issues with its Restraint and Seclusion DataGAO-20-345: Published: Apr 21, 2020. Publicly Released: Apr 21, 2020.
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