Sunday, April 23, 2006

Committee still seeking direction for loan funds (Student Loan)


Committee still seeking direction for loan funds
JEFFERSON CITY The House Budget Committee dumped proposals to use the expected profits from a sale of student loans on initatives unrelated to higher education before passing the bill that had initially put some of the money toward building a womens prison in Chillicothe.

Sen. Durbin, Rep. Miller to Discuss New Legislation to Cut College Loan Interest Rates; News Teleconference Today at
Sen. Richard Durbin, D-Ill., and Rep. George Miller, D-Calif., will join Campaign for America's Future co-director Robert Borosage on a conference call with reporters today (April 13) at 2:30 p.m. EDT to discuss nationwide organizing efforts to make college more affordable and new legislation designed to cut interest rates in half on college loans.

Last chance to lock in low federal student loan rates
A year ago, borrowers consolidated education loans in droves to lock in the lowest interest rates in the federal loan program's 40-year history.

Now's the time to look at new college-loan rules
SAN FRANCISCO (MarketWatch) -- Recent changes to the rules governing college loans and savings plans mean some students and their parents should act now on financial aid, before loans get more expensive.

Fitch Issues Presale Report On College Loan Corporation 2006-1
NEW YORK----April 3, 2006--Fitch Ratings has issued a presale report on College Loan Corporation Trust I, Series 2006-1.

Democrat Hill faces 3 foes in primary
Four candidates want the Democratic nomination for Congress in Indiana's 9th District. But only three are actively campaigning, and just one former U.S. Rep. Baron Hill has the money now to compete in the November general election.

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