Monday, May 08, 2006

Last chance to lock in low federal student loan rates (Student Loan)


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.

Blunt still looking into selling loan agency
Jefferson City Although legislative plans for spending the profits of a loan sale died in the House on Friday, a high ranking member of the governors Cabinet announced that higher education institutions could still get a piece of proceeds from any such loan sale in the future.

Washington Pulse -- Following Your Money
Editor's Note: Taxpayers beware: With tax cuts creating deficits instead of investments, our federal checkbook is not being handled responsibly in Washington.

Proposed service cuts unwise
In 2004, when President Bush visited members of the National Civilian Community Corps, a subset of AmeriCorps focused on disaster relief and environmental projects, he told them, "I'm a strong believer in AmeriCorps. I want to thank you for your service, thank you for your hard work, and may God continue to bless you and your families, as you pursue your dreams." His proposed 2007 budget would

Senate passes $472 million MOHELA spending plan
Missouri senators put their own stamp early Tuesday on a proposed spending plan for the proceeds of a potential college loan sale, favoring campus construction and health clinics over student scholarships or a payment to taxpayers.

Meehan Town Meeting addresses affordability of college
AREA -- 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 in interest rate caps to 6.8 percent.

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