Thursday, August 1, 2013

House okays student loans bill, awaits Obama assent

A bipartisan bill that would lower the costs of borrowing for millions of students is awaiting President Barack Obama's signature.

The House on Wednesday gave final congressional approval to legislation that links student loan interest rates to the financial markets. The bill would offer lower rates for most students now but higher rates down the line if the economy improves as expected.

For the moment, the focus was on the class of students signing loans for classes this

More details here...

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