Student Loans: Selected Characteristics of Schools in Two Major Federal Loan Programs

Pursuant to a congressional request, GAO provided information on the comparative levels of activity in the William D. Ford Federal Direct Loan Program (FDLP) and the Federal Family Education Loan Program (FFELP), focusing on the: (1) distribution of student loans between the two programs; (2) loan default rate for schools associated with each program; and (3) number of schools in each program on a state-by-state basis and among the 100 largest postsecondary schools participating in these federal loan programs.