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July 28, 2011

loans

For those graduate students with loans who haven't been watching the budget talks closely:
Members of Congress are preparing to vote on a pair of bills—offered by the House speaker, John A. Boehner, and the Senate majority leader, Harry Reid—that would end the in-school interest subsidy on federal loans made to graduate students and provide $17-billion to $18-billion in additional money for the Pell program. - With Debt Deal Elusive, Obama Speaks With Concerned College Students

A little more information on the news. It looks like it's going to only affect any loans taken out after 2012.

Posted by azileretsis at July 28, 2011 04:32 PM

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