Full text : A study of student loans and their relation to higher educational finance

96

A  Study  of

Student  Loans

AND

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Amount  of

Institutions

Fund  Fstablished

Available  1923

Outstanding

Overduc

88

6,000

2,825

365

89

5,906

6,930

6,930

■

90

5,700

1,305

3,534

510

1  n

91

5,635

2,459

92

5,300

1,520

2,398

2,019

93

5,300

849

1,365

380

94

5,000

3,000

3,600

350

95

4,965

904

3,300

2,100

96

4,315

6,815

4,711

766

97

4,039

1,870

2,170

927

98

4,000

2,450

1,550

1,150

99

4,000

200

700

100

3,719

4,282

3,675

1,570

101

3,700

942

2,432

102

3,525

3,525

2,705

103

3,474

1,291

1,540

250

104

3,300

1,100

2,200

132

10S

3,250

2,575

17,682

5,249

106

3,189

627

2,563

779

107

3,150

2,600

1,450

108

3,000

3,000

2,550

200

109

3,000

1,450

2,500

75

110

3,000

1,750

1,870

285

111

3,000

3,535

12,134

4,173

112

3,000

3,000

27,890

20,555

113

3,000

1,030

114

2,944

5,089

1,865

115

2,800

2,550

2,937

180

116

2,600

2,600

313

BH  .

117

£500

11,344

2,945

118

2,442

2,442

1,590

sh

119

2,220

850

1,370

250

120

2,075

575

575

H  ■

121

2,065

2,792

2,464

450

122

2,000

1,500

1,500

123

2,000

3,100

3,100

124

2,000

2,000

150

40

B

125

1,800

1,800

1,400

126

1,650

1,650

127

1,300

356

1,903

914

128

1,250

285

495

70

129

1,200

252

390

130

1,115

200

1,045

440

131

1,107

1,107

275

132

1,084

3,658

9,399

■

133

1,000

805

400

134

1,000

400

400

135

1,000

1,000

4,105

As  may  be  seen  from  the  above  data  some  of  the  institutions  have
been  most  unsuccessful;  but  as  has  been  saicl  before,  it  is  due  in  general
to  the  administration  of  the  funds  rather  than  the  nature  of  the  transaction.
  On  the  other  hand,  a  large  number  of  institutions  have  been
surprisingly  successful.  Taking  the  entire  group,  the  proportion  of
funds  overdue  is  far  from  alarming  if  the  method  of  administration  in
many  institutions  is  taken  into  account,  and  the  fact  that  these  funds  that
            
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