ERIC Number: ED077405
Record Type: RIE
Publication Date: 1972-Oct-30
Reference Count: 0
A New Variant of the Educational Opportunity Bank Designed for Stability and Ease of Administration in "Small-Scale" Application.
Berner, Richard; And Others
A new variant, the Partially Contingent Educational Opportunity Bank Plan (PCEOB), of the contingent repayment loan is proposed for higher education. This report develops PCEOB operating parameters to be applied to U.S. medical schools. Part one discusses three EOB variants: semi-conventional, fully-contingent, and partially-contingent. Part two reviews calculations for each semi-conventional loan program, fully-contingent programs, and partially-contingent plans. Part three evaluates the three programs. Part four presents the pure economic theory of the ideal contingent repayment loan program. Appendices and a 12-item bibliography are included. (Author/MJM)
Publication Type: N/A
Education Level: N/A
Sponsor: Department of Health, Education, and Welfare, Washington, DC.
Authoring Institution: Pennsylvania Univ., Philadelphia. Dept. of Economics.