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Subject: Congress Bill --Lower Interest Rate | Date: 6/20/2003 2:34 PM | |
Author: dokdale | Number: 2569 of 4854 | |
Everyone may want to write ther Congressman/woman in support of this: HIGHER EDUCATION WASHINGTON'S NEWSLINE, JUNE 20, 2003 REP. DELAURO INTRODUCES "COLLEGE LOAN ASSISTANCE ACT" Rep. Rosa DeLauro (D-CT) yesterday introduced an inclusive higher education bill that would address several of the challenges students face when financing a college education, including student loan debt. The bill, H.R. 2505, the "College Loan Assistance Act," would allow students that have already locked in low rates to take advantage of the new historically-low rates and refinance their loans at the lower rate. Also, loan and origination fees charged to student borrowers would be eliminated. The bill would also increase the maximum Pell Grant to $7,000. |
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