Reauthorization of the Higher Education Act and Related Measures: Hearings Before the Subcommittee on Postsecondary Education of the Committee on Education and Labor, House of Representatives, Ninety-sixth Congress, First Session ....U.S. Government Printing Office, 1979 |
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Page 36
... repay- ment amount ? Mr. FITT . No , sir ; I do not . I think the default problem is a result of default on the part ... repayment time comes , logically , in most cases , those would be lower income years than later years , as one ...
... repay- ment amount ? Mr. FITT . No , sir ; I do not . I think the default problem is a result of default on the part ... repayment time comes , logically , in most cases , those would be lower income years than later years , as one ...
Page 44
... repayment for a $ 5,000 loan . This large an increase in debt would likely lead to increased defaults and Gov- ernment ... repay $ 3,033.60 , an increased cost of $ 1,640.40 , more than doubling the total amount , they would have to pay ...
... repayment for a $ 5,000 loan . This large an increase in debt would likely lead to increased defaults and Gov- ernment ... repay $ 3,033.60 , an increased cost of $ 1,640.40 , more than doubling the total amount , they would have to pay ...
Page 45
... repay this to the bank , which would presumably repay OE . This won't work . First , the same problem of excessive debt will exist as in the above examples . Second , the administrative headaches this will cause banks will drive them ...
... repay this to the bank , which would presumably repay OE . This won't work . First , the same problem of excessive debt will exist as in the above examples . Second , the administrative headaches this will cause banks will drive them ...
Page 46
... repay- ment schedules ; barriers to lender forebearance ; students being overwhelmed by multiple loans , and until ... repay their loans . They will not repay their loans if they do not understand they were given a loan . They will not ...
... repay- ment schedules ; barriers to lender forebearance ; students being overwhelmed by multiple loans , and until ... repay their loans . They will not repay their loans if they do not understand they were given a loan . They will not ...
Page 58
... repay $ 3,033.60 , an increased cost of $ 1,640.40 . These levels are just asking for defaults . An extreme example ... repay this to the bank , which would presumably repay OE . This won't work . First the same problem of excessive debt ...
... repay $ 3,033.60 , an increased cost of $ 1,640.40 . These levels are just asking for defaults . An extreme example ... repay this to the bank , which would presumably repay OE . This won't work . First the same problem of excessive debt ...
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Common terms and phrases
administrative amendments amount annual areas ASDA assistance Association BEOG capital Chairman College Work-Study committee Congress costs debt default rate dental Direct Student Loan Director eligible Federal Government financial aid FISL FORD freshmen full-time funds graduate and professional graduate students grant GSL program GSLP guarantee agencies Guaranteed Student Loan HEAL Higher Education Act income increase institutions interest rate interest subsidy Internal Revenue Service Jesuit Volunteer Corps legislation lenders lending limited Maguire ment million minimum wage NDSL Office of Education opportunity organization participation payments Peace Corps Pennsylvania percent Postsecondary Education problem professional students proposal repay repayment Sallie Mae secondary market special allowance statement student aid student borrowers Student Financial student financial aid student loan program Subcommittee subminimum wages subsidy tion tuition undergraduate UPCUSA volunteers work-study program Workers York