ERIC Number: ED341354
Record Type: Non-Journal
Publication Date: 1991-Oct-29
Reference Count: N/A
Financial Aid for All Students Act of 1991. Hearing on S. 1845 To Ensure that All Americans Have the Opportunity for a Higher Education of the Committee on Labor and Human Resources, United States Senate, One Hundred Second Congress, First Session, on S. 1845.
Congress of the U.S., Washington, DC. Senate Committee on Labor and Human Resources.
This hearing document presents testimony comprising prepared statements and letters that address the direct loan concept (as authored by Senators Simon and Durenberger) in student financial aid, and the idea of tying repayment to income (income-contingent loan) as a means of simplifying the nation's guaranteed student loan process. Testimony focuses on the pros and cons relative to the implementation of such a program. A total of 16 prepared statements and 22 letters are included in the document. Among the prepared statements are those from Senators Clairborne Pell, Dave Durenberger, and Daniel K. Akaka, as well as statements from Robert K. Reischauer, director, Congressional Budget Office, Washington, DC, and Franklin Frazier, director, Education and Employment Issues, General Accounting Office, Washington, D.C. Other prepared statements come from administrators of student financial aid from several colleges and universities, including the University of Minnesota, Harvard University, Hope College of Michigan, and the Northwest Kansas Area Vocational-Technical School. Statements from the National Association of College and University Business Officers and the Association of Jesuit Colleges and Universities are also provided. (GLR)
Descriptors: Educational Legislation, Federal Legislation, Federal Programs, Hearings, Higher Education, Income Contingent Loans, Loan Repayment, Opinion Papers, Paying for College, Policy Formation, Student Financial Aid, Student Loan Programs
U.S. Government Printing Office, Superintendent of Documents, Congressional Sales Office, Washington, DC 20402.
Publication Type: Legal/Legislative/Regulatory Materials
Education Level: N/A
Authoring Institution: Congress of the U.S., Washington, DC. Senate Committee on Labor and Human Resources.