Access to Student Loans: Hearing Before the Subcommittee on Education, Arts, and Humanities of the Committee on Labor and Human Resources, United States Senate, Ninety-eighth Congress, First Session, to Review the Accessibility of Student Loans, September 20, 1983 |
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Page 2
... serve . I look forward to the testimony by today's witnesses , which I hope will enlighten us and provide us with some solutions to this difficult problem . Senator Randolph , I am delighted you are here . I assume you have an opening ...
... serve . I look forward to the testimony by today's witnesses , which I hope will enlighten us and provide us with some solutions to this difficult problem . Senator Randolph , I am delighted you are here . I assume you have an opening ...
Page 3
... serve on these two committees , Environment and Public Works , and Labor and Human Resources , and I would like that to be part of the statement that I shall give today . It is not in any cursory fashion that I have offered these words ...
... serve on these two committees , Environment and Public Works , and Labor and Human Resources , and I would like that to be part of the statement that I shall give today . It is not in any cursory fashion that I have offered these words ...
Page 9
... serving students in more than one State . Laying out the problem , as my two colleagues have , I , too , look forward to the examination of this issue and thank the chair- man for his cooperation and leadership . Senator STAFFORD ...
... serving students in more than one State . Laying out the problem , as my two colleagues have , I , too , look forward to the examination of this issue and thank the chair- man for his cooperation and leadership . Senator STAFFORD ...
Page 10
... serve wherever the services of this organization are needed . The foundation , as has been indicated , has served as the designated guarantee agency in some five States , plus the District of Columbia . But over and above this , the ...
... serve wherever the services of this organization are needed . The foundation , as has been indicated , has served as the designated guarantee agency in some five States , plus the District of Columbia . But over and above this , the ...
Page 11
... serve where needed which has caused very sig- nificant progress in permitting the loan needs of students to be met , and we submit , Mr. Chairman , that the Congress ought to be encouraging and facilitating these kinds of opportunities ...
... serve where needed which has caused very sig- nificant progress in permitting the loan needs of students to be met , and we submit , Mr. Chairman , that the Congress ought to be encouraging and facilitating these kinds of opportunities ...
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Common terms and phrases
access problems access to loans agencies reported Assured Access Program banks believe Bell & Howell BIKLEN Bullard Chairman Citibank commercial lenders committee Congress dent Education Assistance Foundation effective eligible full and equal gram GSL program guaran guarantee agencies guarantee arrangement guarantee organizations guaranteed student loan guaranteeing loans Hawk Hawkeye Bancorporation HEAF Higher Education Act Higher Education Assistance Higher Education Loan imposed this restriction Iowa agency Jay Evans last resort program Law School Admissions Law School Assured law students legislation lender of last lending institution loan access loan capital loans available loans to students LSAAP million multiple guarantors NCHELP nonprofit operating opportunity percent PHEAA responsibility Salem College Sallie Mae School Admissions Council School Assured Access secondary market Senator GRASSLEY Senator RANDOLPH Senator STAFFORD serve South Carolina Student Aid Funds student loan organizations student loan program subcommittee Thank tion UNCF United Student Aid Utah vocational school students West Virginia
Popular passages
Page 37 - If you have any questions, I would be more than happy to answer them. Mr.
Page 93 - Two major national accrediting agencies, the Association of Independent Colleges and Schools (AICS) and the National Association of Trade and Technical Schools (NATTS) have recently implemented restrictions on commissioned salesmen which we believe are appropriate.
Page 56 - NEW JERSEY Department of Higher Education Office of Student Assistance 4 Quakerbridge Plaza CN 540 Trenton, NJ 08625 (609...
Page 59 - State does not have a student loan insurance program covered by an agreement made pursuant to section 428 (b), and the Commissioner determines after consultation with the chief executive officer of that State that there is no reasonable likelihood that the State will have such a student loan insurance program for such year, the Commissioner may make advances for such year for the same purpose to one or more nonprofit private institutions or organizations with which he has made an agreement pursuant...
Page 3 - Without objection, it will be included. [The following was received for the record:] TESTIMONY OF JAMES P.
Page 8 - ... present his statement before the Secretary of Agriculture arrives. I may say, Mr. Sisk, that your statement is just as important as that of the Secretary. We will be glad to hear from you. STATEMENT OF HON. BF SISK, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF CALIFORNIA Mr. SISK. Thank you, Mr. Chairman. I want to express my appreciation to you for making this arrangement, and to assure you that I will only take a very few moments of your time. We all appreciate the responsibilities and the...
Page 50 - ... that it may happen to your own utility. Mr. PATTERSON. I think the answer to your question is that I don't think the adoption of this bill is going to be the straw that breaks the camel's back. Mr. SCHMITZ. It will be the foot in the door. Mr. PATTERSON. We have had that before. Mr. ROGERS. We thank you for being here and for the constructive suggestions you have made. The committee will stand adjourned until 2 o'clock this afternoon. (Whereupon, at 12:30 pm the subcommittee recessed, to reconvene...
Page 42 - Assistance conducted a survey of guaranty agency directors to assess the extent to which guaranty agencies, lenders and state secondary markets impose restrictions on GSL borrowing which go beyond federal regulations. The survey was conducted to learn the perspectives of guaranty agency directors on the scope of this issue. Agency directors' were asked for their best estimation of the proportion of certain restrictions imposed by lenders.
Page 41 - He further indicates this addresses and assesses the extent to which guaranty agencies, lenders, and State secondary markets impose restrictions on GSL borrowing.