House Bill to reform student loan system
The House of Representatives passed a financial aid bill to eliminate subsizided loans and increase Pell Grants. The US Government will instead offer direct loans to students, eliminating banks as middle men. The maximum Pell Grant will increase by $200 to $5550. ... "financial aid" "Pell Grants" scholarships "college funding" "stafford loans" "subsidized loans" "direct loans" grants FAFSA "CSS Profile"
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30
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: 18/09/09 19:22
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Carolyn Karno on the Problems in Eliminating FFELP
Grant program. "It will come, most likely at the cost to the consumer." Karno goes on to assert that this is "...not necessarily a win-win situation for students," and that public school systems that have traditionally relied on the free services in college planning, financial aid training and early awareness will be at serious loss. As Karno points out, individual students do *not* save any money by using the government's Direct Loan program. In addition, when proponents of the ...
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: 3 min
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: 29/04/09 20:16
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Best Student Loan Consolidation Ever!
consolstudloan.blogspot.com Direct Consolidation Loans - Welcome!!! Borrowers can apply online for consolidation of their federally insured student loan debt. The Higher Education Act (HEA) provides for a loan consolidation ... Student Loan Consolidation - Consolidate Federal and Private...
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49
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: 03/06/09 14:20
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College Bound Students Hit by Credit Crunch
New York senator Charles Schumer says the credit crunch has forced as many as 50 banks to stop lending money to students for college. Now he's calling on all U-S colleges to accept direct government loans to help fill the void.
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: 07/10/08 01:55
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