[19970730]97-633_学生贷款：和解条款.pdf

. . 97-633 EPU Updated July 30, 1997 Student Loans: Reconciliation Provisions Margot A. Schenet Specialist in Social Legislation Education and Public Welfare Division Summary I I The conference report on the Concurrent Resolution on the Budget for FY1998, H Con Res 84, provides for $1 76 bilhon in savings over the next 5 years through reforms to the student foan programs. theFederalFamily Education Loan programs, and I the Direct Loan programs. The savings, to be acheved without increasing costs or 1 liiting benefits or access to loans for studeats and their families, include. $1 billion from I guaranty agency reserves, approximately $603 million from administrative hnds for Duect Loans (authorized in Section 458 of the Higher Education Act& and an additional $160 million from elimination of the $10 origination fee to Direct Loan schools The main issue in c a w out the resolution is the formula to be used to recall fhds over the 1 5-year period from guaranty agency reserves, and its impact on the viability of the uaranty agencies The Housemd Senate-passed reconciliation bills .R. 2015 and S. 47) include the $1 76 billion in savings in the student loan programs, but use different 1