| 1 | | For a complete list of recommendations and updates, see Appendix A. |
| 2 | | Texas perspectives, Economic Returns from Higher Education in Texas, Texas Guaranteed Student Loan Corporation, 1997, p. 6. |
| 3 | | Joe McCormick, School or Scandal?, Texas Guaranteed Student Loan Corporation, Austin, TX, July 1989. |
| 4 | | William J. Bennett, "Statement on Guaranteed Student Loan Defaults," U.S. Department of Education, press release, November 4, 1987. |
| 5 | | Joint Committe of the New Jersey Association of Student Financial Aid Administrators and the New Jersey Department of Higher Education, "The Reduction of Student Loan Defaults," May 1988. |
| 6 | | GAO, "Student Loans: Default Rates at Historically Black Colleges and Universities," U.S. General Accounting Office, January 1997. |
| 7 | | GAO, "Proprietary Schools: Poorer Student Outcomes at Schools that Rely More on Federal Student Aid," U.S. General Accounting Office, June 1997. |
| 8 | | Willford W. Wilms, et al.,"Whose fault is Default? A Student of the Impact of Student Characteristics and Institutional Practices on Guaranteed Student Loan Default Rates in California," in Educational Evaluation and Policy Analysis, Spring 1987, Vol. 9, No. 1, pp. 41-54. |
| 9 | | J. Fredericks Volkwein and Bruce P. Szelest, "Individual and Campus Charateristics Associated with Student Loan Default," in Research in Higher Education, Vol. 36, No. 1, 1995. |
| 10 | | lbid. |
| 11 | | Wilford W. Wilms, et al., "Whose Fault is Default? A Study of the impact of Student Characteristics and Institutional Practices on Guaranteed Student Loan Default Rates in California." |
| 12 | | J. Fredericks Volkwein and Bruce P. Szelest, "Inidivual and Campus Characteristics Associated with Student Loan Default," in Research in Higher Education, Vol. 36, No. 1, 1995. |
| 13 | | Laura L. Greene, "An Economic Analysis of Student Loan Default" in Educational Evaluation and Policy Analysis, Spring 1989, Vol. 11, No. 1, pp.61-68. |
| 14 | | Laura Greene Knapp and Terry G. Seaks, "An Analysis of the Probability of Default on Federally Guaranteed Student Loans" in Review of Economics and Statistics, Vol. 73, No. 3, August 1992, pp.404-11. |
| 15 | | Wilford W. wilms, et al., "Whose Fault is Default? A Student of the Impact of Student Characteristics and Institutional Practices on Guaranteed Student Loan Default Rates in California." |
| 16 | | Laura L. Greene, "An Economic Analysis of Student Loan Default" |
| 17 | | J. Fredericks Volkwein, et al., "Characteristics of Student Loan Defaulters among Different Racial and Ethnic Groups," Boston, MA: AIR 1995 Annual Forum Paper. (ERIC Document Reproduction Service No. ED 386 972). |
| 18 | | Kevin S. Gray, "Can Student Loan Default be Forecast Accurately?" in The Journal of Student Financial Aid, Vol. 15, No. 1, Winter, 1985, pp.31-41. |
| 19 | | J. Fredericks Volkwein, et al., "Characteristics of Student Loan Defaulters among Different Racial and Ethnic Groups." |
| 20 | | Wilford W. Wilms, et al., "Whose Fault is Default? A Student of the Impact of Student Characteristics and Institutional Practices on Guaranteed Student Loan Default Rates in California," p.49. |
| 21 | | G.S. Becker. Human capital:A Theoritical and Empirical Analysis, with Special Reference to Education. (3rd Ed.). Chicago & London: University of Chicago Press, 1993. |
| 22 | | These numbers indicate the number of standard deviations change in default by one unit of standard deviation of each factor. |
| 23 | | GAO, "Proprietary Schools: Poorer Student Outcomes at Schools That Reply More on Federal Student Aid," U.S. General Accounting Office, June 1997. |
| 24 | | Laura L. Greene, "An Economic Analysis of Student Loan Default." |
| 25 | | This borrower was then fired for being unable to lift heavy boxes. |
| 26 | | J. Fredricks Volkwein, et al., "Characteristics of Student Loan Defaulters among Different Racial and Ethnic Groups," Boston, MA: AIR 1995 Annual Forum Paper. (ERIC Document Reproduction Service No. ED 386 972). |
