The College Student Relief Act of 2007, recently approved by the U.S. House of Representatives, has been hailed as a savior for students trying to handle the ever-rising costs of college. Phased in over five years, the interest rate on federally backed loans will be cut in half, from 6.8 percent to 3.4 percent. But some say the cut isn’t the saving grace politicos make it out to be.
© Copyright 2005 by DiverseEducation.com
Search
News
Just the Stats: Will Student Loan Interest Rate Cuts Really Help Low-Income Students?
by Olivia Majesky-Pullmann , March 2, 2007
Categories:
1
Get Diverse news delivered to your inbox!
We'll keep you updated on the latest news, blogs and jobs.
Related Stories
- UNC Initiative to Make College More Accessible for Low-Income Students
- New Credit Card Law May Have ‘Unintended Consequences’ for Low-income Students
- Anchorage Daily News: Sen. Murkowski's efforts to change federal education law
- Washington Briefs
- Re-Investing in Educational Opportunity Programs
- Just the Stats: College Tuition Again on the Rise
- House, for the Second Time,
Popular Topics
Creating and Maintaining Safe College Campuses
Jerlando F. L. Jackson,Melvin Cleveland Terrell,Constance B. Clery,Gregory Roberts 55.25