Federal bill introduced in Congress could lower interest rates on student loans

Federal bill introduced in Congress could lower interest rates on student loans

With the passage of the bill, certain existing undergraduate student loans could be refinanced down to a 3.86 percent annual interest rate, graduate student loans could be refinanced to 5.41 percent, and parent loans could be refinanced to 6.41 percent.

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Report: CMP parent tops federal subsidy recipients since 2000

In its report on the data, the group said it found the same pattern of spending: that big businesses and their subsidiaries received the bulk of $ 68 billion in federal grants or tax credits and about $ 17 trillion in loans and bailout assistance …

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The Fifty Years War

Appalachia once had lots of large two-parent families, where children dropped out of high school to help scratch a living, often in the informal economy. Now it has lots of small … Democrats, meanwhile, have leapt to the defence of federal transfer …

Read more on The Economist

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