REAL MONEY Facing Student Loans after Graduation
College graduation is approaching for many. It can be a very uncertain time financially so thinking of making loan payments when regular income is not established can be difficult. Unfortunately, many... Posted on 5/2/12 at 6:01 AM
The U.S. Senate is expected to vote today on a proposal to roll back the student loan interest rate that increased from 3.4 percent to 6.8 percent on July 1 because Congress didn’t pass a plan to prevent it.
Oak Hills Christian College will begin offering loan-repayment assistance next fall for its incoming freshmen. The private school, with about 145 students this year, is one of two U.S. colleges to sign up with the Loan Repayment Assistance Program Association.
WASHINGTON (AP) — Congress emphatically approved legislation Friday preserving jobs on transportation projects from coast to coast and avoiding interest rate increases on new loans to millions of college students, giving lawmakers campaign-season bragging rights on what may be their biggest economic achievement before the November elections.
WASHINGTON (AP) — Republicans defied a veto threat and the House voted Friday to prevent federal loan costs from doubling for millions of college students. The vote gave the GOP a momentary election-year triumph on a bill that has become enmeshed in partisan battles over the economy, women's issues and President Barack Obama's health care overhaul.
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