Download or read book Stronger Actions Needed to Recover 730 Million in Defaulted National Direct Student Loans written by United States. General Accounting Office and published by . This book was released on 1981 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Stronger Actions Needed to Recover 730 Million in Defaulted National Direct Student Loans written by GENERAL ACCOUNTING OFFICE WASHINGTON DC HUMAN RESOURCES DIV. and published by . This book was released on 1981 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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).

Download or read book Stronger Actions Needed to Recover 730 Million in Defaulted National Direct Student Loans written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-12 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stronger Actions Needed To Recover $730 Million in Defaulted National Direct Student Loans

Download or read book Stronger Actions Needed to Recover 730 Million in Defaulted National Direct Student Loans Summary written by United States. General Accounting Office and published by . This book was released on 1981 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Stronger Actions Needed to Recover 730 Million in Defaulted National Direct Student Loans written by United States. General Accounting Office and published by . This book was released on 1981 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book GAO Documents written by United States. General Accounting Office and published by . This book was released on 1981 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Catalog of reports, decisions and opinions, testimonies and speeches.

Download or read book Loan Collections written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary Education and published by . This book was released on 1984 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Small College Endowment Act of 1983 written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary Education and published by . This book was released on 1984 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Significant Improvements Seen in Efforts to Collect Debts Owed the Federal Government written by United States. General Accounting Office and published by . This book was released on 1983 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monthly Catalog of United States Government Publications written by and published by . This book was released on with total page 912 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monthly Catalogue United States Public Documents written by and published by . This book was released on 1983 with total page 1064 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Resources in Education written by and published by . This book was released on 1982 with total page 1034 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Compendium of GAO s Views on the Cost Saving Proposals of the Grace Commission Individual issue analyses written by United States. General Accounting Office and published by . This book was released on 1985 with total page 1320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to a congressional request, GAO examined issues studied and recommendations made by the President's Private Sector Survey on Cost Control, better known as the Grace Commission, to determine whether: (1) the issues and recommendations made on program management and cost control had merit; (2) legislation would be necessary to implement the recommendations; (3) implementation efforts were completely underway; and (4) the savings estimates were realistic. GAO found that many of the issues studied and recommendations made by the Commission had overall merit and that, while many have already been implemented by legislative or administrative action, many more require additional legislative action to be fully implemented. However, GAO questioned the accuracy of many of the associated savings estimates, found flaws in the methodology used to develop some of the estimates, and found that the description of the methodology used in some estimates was insufficient to allow an assessment of its validity. In most of the instances where GAO questioned the methodology used, it believed that the savings were overstated. GAO supported management improvement issues more frequently than policy-oriented issues; however, policy-oriented issues constitute a large portion of the total estimated savings. GAO does not support restructuring federal subsidy programs and fixing federal health care costs to a percentage of the gross national product, and it disagreed with selected aspects of recommendations to reduce civilian and military retirement benefits. GAO support was most extensive in the areas aimed at strengthening federal management systems, federal automatic data processing operations, federal credit and cash management efforts, and civilian procurement and property management activities. GAO has made similar or related recommendations in nearly half of the areas in which it agreed with the Commission. Additional legislative action would be necessary to fully implement approximately half of the recommendations analyzed.

Download or read book Publications List written by United States. General Accounting Office and published by . This book was released on 1980 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book General Accounting Office Publications written by and published by . This book was released on 1981-12 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book General Accounting Office Publications written by United States. General Accounting Office and published by . This book was released on 1978 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Government s Failure to Collect Defaulted Loans from Its Own Employees written by United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Energy, Nuclear Proliferation, and Government Processes and published by . This book was released on 1982 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: