ERIC Number: ED077373
Record Type: RIE
Publication Date: 1973-Mar-30
Reference Count: 0
Improvements Needed in Administration of the Guaranteed Student Loan Program.
General Accounting Office, Washington, DC.
This report identifies improvements needed in administration of the guaranteed student loan program. Improvements needed are based on the fact that that lenders are not informed when student borrowers drop out of school. Alternatives for providing lenders with timely information on enrollment terminations are indicated. Additional administrative problems discussed induce ineffective collection efforts, improper handling of collections on defaulted student loans, and errors in lenders' billing. Conclusions and recommendations are suggested. Appendices include statistical data. (MJM)
Descriptors: Educational Finance, Federal Programs, Financial Needs, Higher Education, Program Administration, Student Costs, Student Loan Programs
U.S. General Accounting Office, Room 6417, 441 G Street, N.W. Washington, D.C. 20548(B-164031(1), $1.00)
Publication Type: N/A
Education Level: N/A
Authoring Institution: General Accounting Office, Washington, DC.