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ERIC Number: ED017989
Record Type: RIE
Publication Date: 1967
Pages: 16
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: N/A
LONG-TERM CREDIT--IMPLICATIONS FOR COLLEGES AND UNIVERSITIES.
CRITCHFIELD, JACK B.
THE PROBLEMS ARISING IN CONNECTION WITH LONG-TERM LOANS TO STUDENTS (ESPECIALLY NATIONAL DEFENSE STUDENT LOANS) ARE IDENTIFIED AND ANALYZED. MAJOR PROBLEMS INCLUDE--(1) THE ACCUMULATION OF A LARGE DEBT OFTEN UNJUSTLY INFLUENCES A STUDENT'S DECISION REGARDING GRADUATE OR PROFESSIONAL TRAINING, (2) REPAYMENT OF A DEBT BY AN ALUMNUS OFTEN SUBSTITUTES FOR ALUMNI CONTRIBUTIONS TO THE SCHOOL, (3) REPAYMENT OF A NEW EMPLOYEE'S DEBTS BY EMPLOYERS (A COMPETITIVE SCHEME FOR OBTAINING TOP GRADUATES) OFTEN SUBSTITUTES FOR BUSINESS AND INDUSTRY CONTRIBUTIONS, AND (4) EASE OF BORROWING TENDS TO CAUSE PARENTAL UNWILLINGNESS TO ASSIST THEIR CHILD'S EDUCATION WITH FAMILY RESOURCES. THIS PAPER WAS PRESENTED AT THE COLLEGE SCHOLARSHIP SERVICE COLLOQUIUM ON FINANCIAL AID (3D, FONTANA, WISCONSIN, MAY 22-25, 1966) AND THE COMPLETE DOCUMENT, OF WHICH THIS IS ONE PAPER, "THE ECONOMICS OF HIGHER EDUCATION," IS AVAILABLE FOR $2.00 FROM THE COLLEGE ENTRANCE EXAMINATION BOARD, PUBLICATIONS ORDER OFFICE, BOX 592, PRINCETON, NEW JERSEY 08540. (HW)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: N/A
Identifiers: FONTANA