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Guaranteed versus Direct Lending: The Case of Student Loans

Deborah Lucas and Damien Moore

in Measuring and Managing Federal Financial Risk

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226496580
eISBN:
9780226496597
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226496597.003.0008
Subject:
Economics and Finance, Econometrics

The existence of two competing government programs—the Federal Family Educational Loan Program (guaranteed program) and the Federal Direct Loan Program (direct program)—provides a unique opportunity ... More


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