The role of the U.S. Federal Government in the student loan industry
Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2005.
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| Other Authors: | |
| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2006
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| Online Access: | http://hdl.handle.net/1721.1/33550 |
| _version_ | 1826200861013966848 |
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| author | Mungovan, Patrick M. (Patrick Mullahy) |
| author2 | S.P. Kothari. |
| author_facet | S.P. Kothari. Mungovan, Patrick M. (Patrick Mullahy) |
| author_sort | Mungovan, Patrick M. (Patrick Mullahy) |
| collection | MIT |
| description | Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2005. |
| first_indexed | 2024-09-23T11:42:53Z |
| format | Thesis |
| id | mit-1721.1/33550 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T11:42:53Z |
| publishDate | 2006 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/335502019-04-10T15:27:23Z The role of the U.S. Federal Government in the student loan industry Role of the United States Federal Government in the student loan industry Mungovan, Patrick M. (Patrick Mullahy) S.P. Kothari. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2005. Includes bibliographical references. Beginning in the early 1980's, average tuition and fees for higher education institutions in the United States experienced two decades of unprecedented growth. Over the 10-year period ending in 2003-2004, average tuition and fees rose 47 percent at public four-year colleges and universities and 42 percent at private four-year institutions. The growth rate over the preceding decade was even more significant at 54 and 50 percent, respectively. Much of the liquidity required by students and families to fund the cost of higher education has been supplied by the SLM Corporation, also known as Sallie Mae. Founded in 1972 as a Government Sponsored Enterprise (GSE), Sallie Mae is the nation's largest source of funding for higher education loans. Like other GSE's, Sallie Mae has been accorded a series of benefits which it has used to great benefit. Objective: This thesis: 1) Discusses the history of the student loan industry, including origins and significant events in its development 2) Examines the financial relationship between the federal government, Sallie Mae, institutions of higher education, and students 3) Evaluates the role of the federal government in the student loan industry and proposes alternative models In light of the social, economic, and political benefits affiliated with higher education, potential obstacles such as accessibility and affordability are critical considerations. As a significant funding mechanism, the student loan industry directly impacts these issues and therefore plays a critical role in the current and future welfare of society. by Patrick M. Mungovan. M.B.A. 2006-07-31T15:11:49Z 2006-07-31T15:11:49Z 2005 2005 Thesis http://hdl.handle.net/1721.1/33550 63201542 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 45 leaves 2997046 bytes 2998830 bytes application/pdf application/pdf application/pdf Massachusetts Institute of Technology |
| spellingShingle | Sloan School of Management. Mungovan, Patrick M. (Patrick Mullahy) The role of the U.S. Federal Government in the student loan industry |
| title | The role of the U.S. Federal Government in the student loan industry |
| title_full | The role of the U.S. Federal Government in the student loan industry |
| title_fullStr | The role of the U.S. Federal Government in the student loan industry |
| title_full_unstemmed | The role of the U.S. Federal Government in the student loan industry |
| title_short | The role of the U.S. Federal Government in the student loan industry |
| title_sort | role of the u s federal government in the student loan industry |
| topic | Sloan School of Management. |
| url | http://hdl.handle.net/1721.1/33550 |
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