Stafford Loan

New Senate compromise on restoring lower college loan rates

New Senate compromise on restoring lower college loan rates

Senators are ready to offer students a better deal on their college loans this fall, but future classes could see higher interest rates. The Senate could vote as early as Thursday on a bipartisan compromise that heads off a costly increase for returning students. The compromise could be a good deal for students through the […]

House set to vote on varible-rate student loans

House set to vote on varible-rate student loans

House lawmakers are ready to pass legislation that links student loan rates to the financial markets in spite of a veto threat from President Barack Obama. Supported by Republicans, the bill would avoid a rate increase for students with new subsidized Stafford loans if lawmakers pass it, as expected, on Thursday. Democrats generally opposed the […]