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Personal Finances / Paying Back Student Loans

URL:  https://boards.fool.com/congress-bill-lower-interest-rate-19216709.aspx

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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