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Download full textMandel, Michael – Progressive Policy Institute, 2010
Sometimes a proposed piece of legislation or new rule can catalyze debate about a key issue. That seems to be the case for the "gainful employment" rule currently being proposed by the Department of Education (DOE). The rule addresses a very real problem: The large amounts of debt being taken on by some students, mainly those attending for-profit…
Descriptors: Legislation, Federal Regulation, Employment Patterns, Labor Market
Shireman, Robert – Progressive Policy Institute, 2004
The federal government provides student loans for college and graduate school in two ways: by: (1) guaranteeing bank loans; and (2) by lending directly to students. Approximately three-quarters of federal student loans are guaranteed and one-quarter are direct. In the guaranteed loan program, a 40-year-old system, banks lend students money and…
Descriptors: Student Financial Aid, Student Loan Programs, Federal Government, Federal Aid
