Competitive Financing Mechanisms: Auctions Used by Federal Agencies.

Autor/in	Joyner, Carlotta C.
Institution	General Accounting Office, Washington, DC. Health, Education, and Human Services Div.
Titel	Competitive Financing Mechanisms: Auctions Used by Federal Agencies.
Quelle	(1999), (28 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Agencies; Educational Economics; Federal Aid; Federal Programs; Higher Education; Interest (Finance); Student Loan Programs + Suchen Sie Ihr Suchwort? Bildungsökonomie; Hochschulbildung; Hochschulsystem; Hochschulwesen; Zins
Abstract	This report reviews auctions used by various federal agencies to examine the feasibility of using similar auctions to determine interest rates for student borrowing through the Federal Family Education Loan Program (FFELP) and the William D. Ford Federal Direct Loan Program. The review identified 31 different auctions, divided into two major categories, used by federal agencies to sell assets. In the first category are 12 auctions classified as auctions of specialized items (such as rights or financial assets); the 19 other auctions are classified as auctions of assets of interest to the general public (such as real estate or consumer goods). Background discussion focuses on interest rates and government costs in FFELP and the general characteristics of these auctions. A table summarizes features of the federal auctions for rights or financial assets conducted by 12 different agencies, and a second table summarizes features of the 19 federal auctions for real estate or consumer goods. An enclosure describes individually the 12 federal auctions for rights or financial assets. (DB)
Anmerkungen	U.S. General Accounting Office, P.O. Box 37050, Washington, DC 20013; Tel: 202-512-6000; Fax: 202-512-6061; Web site: http://www.gao.gov (first copy free, additional copies $2).
Erfasst von	ERIC (Education Resources Information Center), Washington, DC