WASHINGTON // Legislation to lower interest rates on student loans and increase aid to poor people who want to go to college won House approval [Wednesday].
To pay for the proposal, lawmakers would cut about $19 billion in federal subsidies to banks that issue government-backed student loans.
Budget rules require nearly $1 billion of that savings to go toward reducing the federal deficit, but the rest would go to student benefits.
This from the Baltimore Sun.
Showing posts with label student loan debt. Show all posts
Showing posts with label student loan debt. Show all posts
Friday, July 13, 2007
Monday, April 16, 2007
Arizona grad-student debt reaches record high; up $7,000 over last decade
The average debt for graduate students at Arizona's universities has reached an all-time high.
Last year, nearly half the students who earned graduate degrees owed money on student loans, with the average student carrying almost $34,000 in debt.
That is $7,000 more than a decade ago, when a third of students took out loans, according to an analysis of Arizona Board of Regents records by The Arizona Republic.
This from the Arizona Daily Star.
Last year, nearly half the students who earned graduate degrees owed money on student loans, with the average student carrying almost $34,000 in debt.
That is $7,000 more than a decade ago, when a third of students took out loans, according to an analysis of Arizona Board of Regents records by The Arizona Republic.
This from the Arizona Daily Star.
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