Author Description

This report on the Government Performance and Results Act of 1993, also referred to as "GPRA" or "the Results Act," provides information and context on major credit agencies' efforts to implement the Act. Also describes the efforts of the Federal Credit Policy Working Group -- an interagency advisory group on credit management policy -- to develop common performance measures for credit programs. For this review, credit programs were selected that varied in terms of type of program (e.g., housing and education loans); mode of credit delivery (e.g., direct and guaranteed loans); and program size as measured by the amount of outstanding loans.