ERIC Number: ED483008
Record Type: RIE
Publication Date: 2003-Oct
Student Loan Programs. As Federal Costs of Loan Consolidation Rise, Other Options Should be Examined. Report to Congressional Requesters.
General Accounting Office, Washington, DC.
In this report GAO recommends that the Secretary of Education assess the advantages of consolidation loans for borrowers and the government in light of program costs and identify options for reducing federal costs. Options could include targeting the program to borrowers at risk of default and extending existing consolidation alternatives to more borrowers. Education should also consider how best to distribute program costs among borrowers, lenders and the taxpayers. (Author)
For full text: http://www.gao.gov/cgi-bin/getrpt?GAO-04-101.
Publication Type: Numerical/Quantitative Data; Reports - Evaluative
Education Level: N/A
Authoring Institution: General Accounting Office, Washington, DC.