HR-93-2, Guaranteed Student Loans
United States General Accounting Office GAO High-Risk Series December 1992 Guaranteed Student GAO/HR-93-2 GAO Unlted tates General Accounting Omce WashIngton, D.C. 201>48 Comptroller General of the Unlted States December 1992 The President of the Senate The Speaker of the House of Representatives In January 1990, in the aftermath of scandals at the Departments of Defense and Housing and Urban Development, the General Accounting Office began a special effort to review and report on federal government program areas that we considered "high risk." After consulting with congressional leaders, GAO sought, first, to identify areas that are especially vulnerable to waste, fraud, abuse, and mismanagement We then began work to see whether we could find the fundamental causes of problems in these high-risk areas and recommend solutions to the Congress and executive branch administrators. …
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