Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Default (Finance)
Languages : en
Pages : 48
Book Description
Stronger Actions Needed to Recover $730 Million in Defaulted National Direct Student Loans
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Default (Finance)
Languages : en
Pages : 48
Book Description
Publisher:
ISBN:
Category : Default (Finance)
Languages : en
Pages : 48
Book Description
Stronger Actions Needed to Recover $730 Million in Defaulted National Direct Student Loans
Author: GENERAL ACCOUNTING OFFICE WASHINGTON DC HUMAN RESOURCES DIV.
Publisher:
ISBN:
Category :
Languages : en
Pages : 40
Book Description
The National Direct Student Loan program has been plagued by high default rates, resulting in defaulted loans totaling about $730 million. Schools GAO visited made inadequate efforts to collect defaulted loans. Schools need to adopt a tougher attitude toward collecting defaulted loans, and the Department of Education should take stronger actions against those that fail to do so. Schools have forwarded to the Department for collection about 240,000 loans with outstanding balances of $215 million. But various problems have slowed the Department's collection efforts. In recent months, collections have doubled; through March 1981 the Department had collected $5.8 million. The Department plans to contract with private collection agencies for future loan collections. Also, to motivate defaulters to pay their debts, the Department will allow credit bureaus to redisclose student load default data to the general credit industry. (Author).
Publisher:
ISBN:
Category :
Languages : en
Pages : 40
Book Description
The National Direct Student Loan program has been plagued by high default rates, resulting in defaulted loans totaling about $730 million. Schools GAO visited made inadequate efforts to collect defaulted loans. Schools need to adopt a tougher attitude toward collecting defaulted loans, and the Department of Education should take stronger actions against those that fail to do so. Schools have forwarded to the Department for collection about 240,000 loans with outstanding balances of $215 million. But various problems have slowed the Department's collection efforts. In recent months, collections have doubled; through March 1981 the Department had collected $5.8 million. The Department plans to contract with private collection agencies for future loan collections. Also, to motivate defaulters to pay their debts, the Department will allow credit bureaus to redisclose student load default data to the general credit industry. (Author).
Stronger Actions Needed to Recover $730 Million in Defaulted National Direct Student Loans
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781721001859
Category :
Languages : en
Pages : 46
Book Description
Stronger Actions Needed To Recover $730 Million in Defaulted National Direct Student Loans
Publisher: Createspace Independent Publishing Platform
ISBN: 9781721001859
Category :
Languages : en
Pages : 46
Book Description
Stronger Actions Needed To Recover $730 Million in Defaulted National Direct Student Loans
Stronger Actions Needed to Recover $730 Million in Defaulted National Direct Student Loans : Summary
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Student loans
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category : Student loans
Languages : en
Pages : 0
Book Description
Stronger Actions Needed to Recover $730 Million in Defaulted National Direct Student Loans
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Default (Finance)
Languages : en
Pages : 30
Book Description
Publisher:
ISBN:
Category : Default (Finance)
Languages : en
Pages : 30
Book Description
GAO Documents
Author: United States. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 544
Book Description
Catalog of reports, decisions and opinions, testimonies and speeches.
Publisher:
ISBN:
Category :
Languages : en
Pages : 544
Book Description
Catalog of reports, decisions and opinions, testimonies and speeches.
Loan Collections
Author: United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary Education
Publisher:
ISBN:
Category : Collecting of accounts
Languages : en
Pages : 72
Book Description
Publisher:
ISBN:
Category : Collecting of accounts
Languages : en
Pages : 72
Book Description
Small College Endowment Act of 1983
Author: United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary Education
Publisher:
ISBN:
Category : Community colleges
Languages : en
Pages : 662
Book Description
Publisher:
ISBN:
Category : Community colleges
Languages : en
Pages : 662
Book Description
Significant Improvements Seen in Efforts to Collect Debts Owed the Federal Government
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Collecting of accounts
Languages : en
Pages : 92
Book Description
Publisher:
ISBN:
Category : Collecting of accounts
Languages : en
Pages : 92
Book Description
Monthly Catalog of United States Government Publications
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 912
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 912
Book Description