ERIC Number: EJ550754
Record Type: Journal
Publication Date: 1997
Pages: N/A
Abstractor: N/A
ISBN: N/A
ISSN: ISSN-1068-1027
EISSN: N/A
Direct Lending Works.
Riley, Richard W.
Trusteeship, v5 n2 p12,14,16 Mar-Apr 1997
In its third year, direct lending is working well for college students and administration. It is a simpler, faster, more efficient way of getting loan funds to students that cuts out financial middlemen. It helps students manage their finances better when repaying loans, promotes competition, stimulates program innovation, leads to greater accountability, and costs less. Obstacles are primarily political. (MSE)
Descriptors: Accountability, Administrative Policy, College Administration, College Students, Competition, Cost Effectiveness, Costs, Educational Economics, Educational Finance, Federal Programs, Higher Education, Money Management, Political Influences, Program Effectiveness, Student Financial Aid, Student Loan Programs
Publication Type: Journal Articles; Opinion Papers
Education Level: N/A
Audience: Policymakers
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Laws, Policies, & Programs: Federal Direct Student Loan Program
Grant or Contract Numbers: N/A