Sunday, April 23, 2006

Student Loan - Students weigh college financial aid packages


Students weigh college financial aid packages
Millions of high school seniors have until May 1 to decide where they are going to college. One of the critical factors in the decision is money -- as in how much aid colleges are offering.

How to Get More Cash for College


Cut in college loan rates proposed
Rep. George Miller, the ranking Democrat on the House Education and Workforce Committee, will try to cut the interest rate on federally backed college loans.

Time to lock in student loan rates
This might be your last chance to consolidate your student loans before rates go up. 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.

Meehan Town Meeting addresses affordability of college
AREA -- Concerned with the rising cost of higher education, Rep. Martin Meehan, D-Massachusetts, has introduced HR 5098, a bill he calls the College Debt Alleviation Act of 2006. The bills aim is to make college tuition more affordable for families by raising the maximum tax deduction for tuition and related expenses as well as reducing federal banking subsidies that would result in a decrease

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.

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