Guaranteed Student Loans: Analysis of Student Default Rates at 7,800 Postsecondary Schools

Pursuant to a congressional request, GAO provided information on the: (1) types of schools attended by and default rates of approximately 1.2 million borrowers who obtained student loans from the Department of Education's Stafford Student Loan Program in 1983; and (2) borrower default rate, total default dollars, and total number of defaulters for each of the approximately 7,800 schools the borrowers attended.