As part of the upcoming reauthorization of the Higher Education Act (HEA), you asked us to review the status of the Direct Loan Program by answering the following questions: (1) To what extent have schools participated in the Direct Loan Program? (2) What factors influenced schools’ decision to participate in the Direct Loan Program, and if applicable, what factors influenced schools’ decision to stop participating? (3) What steps has FSA taken to increase the user-friendliness of the Direct Loan Program for schools and students?.
