Parent and Supplemental Student Loans: Volume and Default Trends for Fiscal Years 1989 to 1991

Pursuant to a congressional request, GAO provided information about the Federal Parent Loans for Undergraduate Students (PLUS) and Federal Supplemental Loans for Students (SLS) programs, focusing on the: (1) volume of loans for students attending trade schools and other postsecondary education institutions; (2) extent of borrowing for freshmen, compared to such borrowing for students in their second or subsequent years of schooling; and (3) amount of defaulted loans.