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US General Accounting Office, 2004
This statement focuses on issues related to consolidation loans and their cost implications for taxpayers and borrowers. Consolidation loans, available under the Department of Education?s (Education's) two major student loan programs?the Federal Family Education Loan Program (FFELP) and the William D. Ford Direct Loan Program (FDLP)?help borrowers…
Descriptors: Student Loan Programs, Loan Repayment, Federal Programs, Administration
Congress of the U.S., Washington, DC. House Committee on Education and Labor. – 1983
The loan collection efforts of the Department of Education are discussed in hearings held as part of fact finding prior to reauthorization of the Higher Education Act. Attention is directed to the collection record of the Department, the rationale for shifting collections from federal to private collectors, and the reasons why two of the remaining…
Descriptors: Administrative Change, Debt (Financial), Federal Aid, Federal Government
Congress of the U.S., Washington, DC. House Committee on Education and Labor. – 1983
Hearings on student loan consolidation are presented. Only the Student Loan Marketing Association (Sallie Mae) has the authority to consolidate student loans and that authority--scheduled to expire on August 1, 1983-- is being reviewed. State guarantee agencies have requested the statutory authority to consolidate loans. The findings of a study by…
Descriptors: College Students, Debt (Financial), Federal Aid, Hearings
Congress of the U.S., Washington, DC. House Committee on Education and Labor. – 1983
The federal role in helping colleges provide graduate education is considered, as part of hearings on the reauthorization of the Higher Education Act of 1965. The question of whether there is access to graduate education is addressed. Attention is directed to the following concerns: the appropriate balance between undergraduate and graduate…
Descriptors: Career Choice, Debt (Financial), Eligibility, Federal Aid
Congress of the U.S., Washington, DC. House Committee on Education and Labor. – 1981
Hearings on the question of debt collection on student loans are presented. It is noted that in 1981 the Department of Education decided that collections on student loans would be shifted from the public to the private sector. The following concerns are addressed: the reasons for the Department's decision to transfer collection of defaulted…
Descriptors: Agency Role, Compliance (Legal), Debt (Financial), Federal Government