Page:United States Statutes at Large Volume 112 Part 2.djvu/919

 PUBLIC LAW 105-244 —OCT. 7, 1998 112 STAT. 1803 "(2) a description of how the institution consulted with a broad range of people within the institution to develop activities for which assistance is sought; and "(3) a description of how the institution will coordinate and collaborate with the office that provides services to students with disabilities within the institution. "SEC. 764. RULE OF CONSTRUCTION. "Nothing in this part shall be construed to impose any additional duty, obligation, or responsibility on an institution of higher education or on the institution's faculty, administrators, or staff than are required by section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990. "SEC. 765. AUTHORIZATION OF APPROPRIATIONS. "There are authorized to be appropriated for this part $10,000,000 for fiscal year 1999 and such sums as may be necessary for each of the 4 succeeding fiscal years.". SEC. 702. REPEALS. Except as otherwise provided in section 301(a), titles VIII (20 U.S.C. 1133 et seq.), IX (20 U.S.C. 1134 et seq.), X (20 U.S.C. 1135 et seq.), XI (20 U.S.C. 1136), and XII (20 U.S.C. 1141) are repealed. TITLE VIII—STUDIES, REPORTS, AND RELATED PROGRAMS 20 USC 1140c. 20 USC lUOd. PART A—STUDIES SEC. 801. STUDY OF MARKET MECHANISMS IN FEDERAL STUDENT LOAN PROGRAMS. (a) STUDY REQUIRED.— The Comptroller General and the Secretary of Education shall convene a study group including the Secretary of the Treasury, the Director of the Office of Management and Budget, the Director of the Congressional Budget Office, representatives of entities making loans under part B of title IV of the Higher Education Act of 1965, representatives of other entities in the financial services community, representatives of other participants in the student loan programs, and such other individuals as the Comptroller General and the Secretary may designate. The Comptroller General and Secretary, in consultation with the study group, shall design and conduct a study to identify and evaluate means of establishing a market mechanism for the delivery of loans made pursuant to such title IV. (b) DESIGN OF STUDY.— The study required under this section shall identify not fewer than 3 different market mechanisms for use in determining lender return on student loans while continuing to meet the other objectives of the programs under parts B and D of such title IV, including the provision of loans to all eligible students. Consideration may be given to the use of auctions and to the feasibility of incorporating income-contingent repayment options into the student loan system and requiring borrowers to repay through income tax withholding. (c) EVALUATION OF MARKET MECHANISMS. —The mechanisms identified under subsection (b) shall be evaluated in terms of the following areas: 20 USC 1018 note.

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