What does GSL stand for?

Loan defaults are a vital concern to students because defaulting on a government student loan affects one's credit rating, which, in turn, has negative and lasting implications for graduates who would like to obtain a mortgage or credit for other consumer goods.

I have two government student loans totalling $50,000 and all interest relief benefits have long since expired.

The survey of 841 new primary and early childhood teachers found 90 percent graduated with at least $20,000 of debt, most of it due to government student loans.

Lance Lochner, NBER and University of Rochester, and Alexander Monge-Naranjo, Northwestern University, "Education and Default Incentives with Government Student Loan Programs" Meyer and Sullivan examine the relative merits of consumption and income measures of the material well being of the poor.

The Government Student Loans scheme, which is steadily replacing grants, is well worth using.

It would also feature deferrals for government student loan payments so long as the fledgling civil servant's salary fell below some limit, says $18,000 per year.