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Substituting Direct Government Lending for Guaranteed Student Loans: How Budget Rules Distorted Economic Decisionmaking

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  • Zimmerman, Dennis
  • Miles, Barbara

Abstract

Discusses how the budget saving of direct federal loans over federal guarantee of private loans for postsecondary education were overestimated.

Suggested Citation

  • Zimmerman, Dennis & Miles, Barbara, 1994. "Substituting Direct Government Lending for Guaranteed Student Loans: How Budget Rules Distorted Economic Decisionmaking," National Tax Journal, National Tax Association;National Tax Journal, vol. 47(4), pages 773-787, December.
  • Handle: RePEc:ntj:journl:v:47:y:1994:i:4:p:773-87
    DOI: 10.1086/NTJ41789107
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    References listed on IDEAS

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    1. Gary S. Becker, 1994. "Investment in Human Capital: Rates of Return," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 59-160, National Bureau of Economic Research, Inc.
    2. Gary S. Becker, 1994. "Age, Earnings, Wealth, and Human Capital," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 228-244, National Bureau of Economic Research, Inc.
    3. Gary S. Becker, 1994. "Investment in Human Capital: Effects on Earnings," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 29-58, National Bureau of Economic Research, Inc.
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