Chapter IV 
The Student as a Financial Risk page 
Education as a Commercial Venture 61 
The Cash Value 61 
Education an Investment 64 
Analysis of Student Credit % 65 
Credit as Applied to Education 66 
Training to the Student 66 
Student Security 67 
Reasons for Lösses 68 
Endorsements 69 
Group Guarantee 70 
Purpose to be Served by Group Guarantee 70 
Service of the Group Guarantee 71 
The Guarantee Fund 74 
Disposing of the Guarantee Fund 75 
Chapter V 
Financing the Student 
The Student’s Problem 77 
Personal Economics or Finance 77 
The Student’s Budget 79 
The Announcement and the Student’s Budget 79 
Making the Budget 82 
Kinds of Student Aid 82 
Self-Help '• 83 
Management of Self-Help 84 
Self-Help and Student Finance 85 
Self-Help and Loans 85 
The Postponement of Fees 86 
Fellowships and Scholarships 86 
Chapter VI 
The Administration op Student Loans 
Methods of Administration 
Amount of Funds Available 1924-25 
Past Experience 
Selecting the Risk 
Size of Loan 
Interest Rate 
Security for Student Loans 
Term of Loan 
Methods of Repayment 
Collections 
Organization to Administer Loans .•••.• 
Charitable, Religious, and Fraternal Organizations 
Banks and Trust Companies 
Philanthropie and Semi-Philanthropic Organizations 
The Educational Institution 
Digest 
Recommendations 
Appendix 
A. Experience of the Harmon Foundation in Student Loans 
B. The Loan Association of the German Students 
The Institution of Honour Loans—France 
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