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Federal Student Loans Better Oversight Could Improve Defaulted Loan Rehabilitation
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Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781981767359 Total Pages :36 pages Book Rating :4.7/5 (673 download)
Book Synopsis Federal Student Loans by : United States Government Accountability Office
Download or read book Federal Student Loans written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-12-16 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Student Loans: Better Oversight Could Improve Defaulted Loan Rehabilitation
Book Synopsis Federal Student Loans, Better Oversight Could Improve Defaulted Loan Rehabilitation :. by :
Download or read book Federal Student Loans, Better Oversight Could Improve Defaulted Loan Rehabilitation :. written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal student loans, better oversight could improve defaulted loan rehabilitation by :
Download or read book Federal student loans, better oversight could improve defaulted loan rehabilitation written by and published by . This book was released on 2014 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal Student Loans, Better Oversight Could Improve Defaulted Loan Rehabilitation by : U.s. Government Accountability Office
Download or read book Federal Student Loans, Better Oversight Could Improve Defaulted Loan Rehabilitation written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-27 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: " As of fiscal year 2013 about $94 billion-over 11 percent of federal student loan volume in repayment-was in default, which generally occurs when a borrower fails to make a payment for more than 270 days. Loan rehabilitation was established as an option to help Education collect defaulted student loans, and borrowers address the adverse consequences of default, such as repairing damaged credit. GAO was asked to review Education's loan rehabilitation process. This report examines how: (1) Education assists borrowers in rehabilitating defaulted student loans; (2) the upgrade of its defaulted loan information system affected loan rehabilitation; and (3) Education oversees private collection agencies in implementing loan rehabilitation. GAO reviewed Education's policies, procedures and guidance; contracts and monitoring records for the defaulted loan information system contractor and 22 collection agencies; collections and rehabilitation data; and relevant federal laws and regulations. GAO interviewed Education officials, representatives of borrower advocacy groups, and visited 6 selected collection agencies, based on their loan volume and geographic location. "
Book Synopsis Federal Student Loans by : Melissa Emrey-Arras
Download or read book Federal Student Loans written by Melissa Emrey-Arras and published by . This book was released on 2014-04-25 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: As of fiscal year 2013 about $94 billion -- over 11 percent of federal student loan volume in repayment -- was in default, which generally occurs when a borrower fails to make a payment for more than 270 days. Loan rehabilitation was established as an option to help the Department of Education (Education) collect defaulted student loans, and borrowers address the adverse consequences of default, such as repairing damaged credit. This report reviewed Education's loan rehabilitation process. It examines how: (1) Education assists borrowers in rehabilitating defaulted student loans; (2) the upgrade of its defaulted loan information system affected loan rehabilitation; and (3) Education oversees private collection agencies in implementing loan rehabilitation. Tables and figures. This is a print on demand report.
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781718970519 Total Pages :26 pages Book Rating :4.9/5 (75 download)
Book Synopsis Federal Student Loans by : United States Government Accountability Office
Download or read book Federal Student Loans written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-05-11 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: FEDERAL STUDENT LOANS: Oversight of Defaulted Loan Rehabilitation Needs Strengthening
Author :United States. Congress. House. Committee on Education and the Workforce. Subcommittee on Higher Education and Workforce Training Publisher : ISBN 13 : Total Pages :96 pages Book Rating :4.F/5 ( download)
Book Synopsis Examining the Mismanagement of the Student Loan Rehabilitation Process by : United States. Congress. House. Committee on Education and the Workforce. Subcommittee on Higher Education and Workforce Training
Download or read book Examining the Mismanagement of the Student Loan Rehabilitation Process written by United States. Congress. House. Committee on Education and the Workforce. Subcommittee on Higher Education and Workforce Training and published by . This book was released on 2015 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Guaranteed Student Loans by : United States. General Accounting Office
Download or read book Guaranteed Student Loans written by United States. General Accounting Office and published by . This book was released on 1992 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Education andLabor. Subcommittee on Postsecondary Education Publisher : ISBN 13 : Total Pages :144 pages Book Rating :4.F/5 ( download)
Book Synopsis Oversight on national direct student loan program regulations by : United States. Congress. House. Committee on Education andLabor. Subcommittee on Postsecondary Education
Download or read book Oversight on national direct student loan program regulations written by United States. Congress. House. Committee on Education andLabor. Subcommittee on Postsecondary Education and published by . This book was released on 1983 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal Student Loans, Education Could Improve Direct Loan Program Customer Service and Oversight by : U.s. Government Accountability Office
Download or read book Federal Student Loans, Education Could Improve Direct Loan Program Customer Service and Oversight written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-25 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: " Education issued almost $96 billion in Direct Loans for higher education to 9.1 million borrowers during fiscal year 2015. Education contracts with and monitors the performance of servicers that handle billing and other services for borrowers. GAO was asked to examine Education's management of the program. This report addresses (1) the type of Direct Loan information Education and servicers provide to borrowers, and how accessible it is; and (2) the extent to which Education oversees servicers to manage the Direct Loan program. GAO reviewed Education's contracts, policies, and procedures; analyzed its oversight reports and processes; and reviewed servicer websites and other information provided to borrowers. GAO also interviewed officials from Education, the Consumer Financial Protection Bureau, servicers that serve over 95 percent of Direct Loan borrowers, and a nongeneralizable sample of 24 borrowers selected randomly from Education data. "
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781982009137 Total Pages :42 pages Book Rating :4.0/5 (91 download)
Book Synopsis Federal Student Loans by : United States Government Accountability Office
Download or read book Federal Student Loans written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-12-25 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: FEDERAL STUDENT LOANS: Education Could Improve Direct Loan Program Customer Service and Oversight
Book Synopsis Federal Family Education Loan Program by : George A. Scott
Download or read book Federal Family Education Loan Program written by George A. Scott and published by DIANE Publishing. This book was released on 2008 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concerns have been raised about the Dept. of Education¿s role in overseeing the lenders & schools that participate in the largest of the Federal government¿s student loan programs, the Federal Family Education Loan Program (FFELP). The author was asked to analyze the Dept. of Education¿s use of its oversight, guidance, & enforcement authorities under FFELP. To do this, the author reviewed departmental documents & Federal laws, regulations, & cases & interviewed officials from the Dept. of Education & the student loan industry. Includes recommendations. Charts & tables.
Book Synopsis Federal Family Education Loan Program by : George A. Scott
Download or read book Federal Family Education Loan Program written by George A. Scott and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concerns have been raised about the Department of Education's (Education) role in overseeing the lenders and schools that participate in the largest of the federal government's student loan programs, the Federal Family Education Loan Program (FFELP). GAO was asked to analyze Education's use of its oversight, guidance, and enforcement authorities under FFELP. To do this, GAO reviewed departmental documents and federal laws, regulations, and cases and interviewed officials from Education and the student loan industry. GAO recommends that the Secretary of Education: (1) update the department's oversight mechanisms to proactively identify possible instances of improper inducements and limitations on borrower choice; (2) be more proactive in investigating situations involving possible instances of these prohibited activities; (3) issue new guidance regarding inducements to guide the student loan industry until the relevant proposed regulations are finalized and become effective; and (4) develop a protocol to determine the appropriate level of response for cases of non-compliance and assess the effectiveness of these actions to inform and improve this protocol. Education agreed with the first two recommendations but did not explicitly agree or disagree with the other two. The following are appended: (1) Briefing Slides; (2) Scope and Methodology; (3) Comments from the Department of Education; and (4) GAO Contact and Staff Acknowledgments. [This report was produced by the United States Government Accountability Office.].
Book Synopsis Clean Up Your Credit! by : Richard Mansfield
Download or read book Clean Up Your Credit! written by Richard Mansfield and published by Rowman & Littlefield. This book was released on 2022-05-15 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bad things happen to good people. Events not always under our control can often result in our credit scores going down, and sometimes way, way down. There are consumer protection laws that you can use to remove negative items from your credit report,. Because of a quirk in the law you can, as the author did, remove items that really are yours. But if you try to go it alone, the credit repair journey can be a nightmare. This book introduces a step-by-step credit repair system, actulal documents the author used to settle suits, and legal cases filed in federal courts against major credit bureaus. These are the credit repair secrets they really don’t want to you to know, from someone who successfully challenged the credit reporting industry. Contrary to what you may believe, there is a way to improve your credit score substantially, and this book will help you get there.The author was a vice president at Guardian Bank in charge of the collection department and went on to start a collection agency. After selling the agency he became a credit restoration coach. To prove what he knew in theory could in fact be done, he stopped paying everything: repossession, foreclosure, medical bills, student loans, and credit cards. He even filed for bankruptcy. His credit score went from over 800 down to 461. He had it back to 742 in five months. Mr. Mansfield walks you through every step of the credit restoration process. As a bonus, when you purchase the book there’s information on how to contact Mr. Mansfield directly! There is no other credit restoration book like this.
Author :United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Energy, Nuclear Profileration, and Government Processes Publisher : ISBN 13 : Total Pages :944 pages Book Rating :4.:/5 (51 download)
Book Synopsis Oversight of Federal Debt Collection by : United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Energy, Nuclear Profileration, and Government Processes
Download or read book Oversight of Federal Debt Collection written by United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Energy, Nuclear Profileration, and Government Processes and published by . This book was released on 1983 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis GAO Documents by : United States. General Accounting Office
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 916 pages. Available in PDF, EPUB and Kindle. Book excerpt: Catalog of reports, decisions and opinions, testimonies and speeches.
Author :United States. General Accounting Office Publisher :DIANE Publishing ISBN 13 :1428941177 Total Pages :41 pages Book Rating :4.4/5 (289 download)
Book Synopsis Federal student aid timely performance plans and reports would help guide and assess achievement of default management goals. by : United States. General Accounting Office
Download or read book Federal student aid timely performance plans and reports would help guide and assess achievement of default management goals. written by United States. General Accounting Office and published by DIANE Publishing. This book was released on 2003 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: