House passes bill to cut interest rates on student loans, boost Pell grants (Siskiyou Daily News)



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Loan consolidation allows students to combine multipleloans intoa single instrument, one loan from a single lender. In effect,this is like refinancing a mortgage or credit card or other debtconsolidation - multiple debts reduced to one. The balances ofthe multiple loans are paid off by the loan consolidationlender, and voila' - a single loan payment at a more favorableinterest rate. Translation: lower monthly payments, lessoverhead costs for the borrowed money, and more immediate cashflow to spend on more important items today.

House passes bill to cut interest rates on student loans, boost Pell grants (Siskiyou Daily News)

WASHINGTON – Legislation to lower interest rates on student loans and increase aid to poor people who want to go to college won House approval on Wednesday.

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House passes bill to cut interest rates on student loans, boost Pell grants (AM New York)

Legislation to lower interest rates on student loans and increase aid to poor people who want to go to college won House approval on Wednesday.

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House passes bill to cut interest rates on student loans (WCAX-TV Vermont)

Associated Press - July 11, 2007 8:05 PM ET WASHINGTON (AP) - Legislation to cut interest rates on student loans and increase aid to poor people who want to go to college won House approval...

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House passes bill to cut interest rates on student loans (WSTM-TV NBC 3)

WASHINGTON (AP) - Legislation to cut interest rates on student loans and increase aid to poor people who want to go to college won House approval today.

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House votes to cut student loan interest, raise grants (USA Today)

The House has passed legislation to slash interest rates on student loans and give more aid to poor people who want to go to college. The vote was 273-149, the Associated Press reports. The interest rate on subsidized loans for...

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House OKs cutting student loan interest rates (Tuscaloosa News)

WASHINGTON | Legislation to lower interest rates on student loans and increase aid to poor people who want to go to college won House approval on Wednesday.To pay for the proposal, lawmakers would cut roughly $19 billion in/sfederal subsidies to banks that issue government-backed student loans.

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House OKs cuts to student loan interest rates (Houston Chronicle)

Legislation to lower interest rates on student loans and increase aid to poor people who want to go to college won House approval today.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

House Backs Increasing Student Loans (Washington Post)

House Democrats pushed through legislation yesterday that would boost government-subsidized student loans and other college financial aid by $18 billion over the next five years, despite strong opposition from Republican lawmakers and a White House veto threat.

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House Passes Overhaul Plan on Student Aid (New York Times)

The House voted to cut federal subsidies to student lenders and halves interest rates on federally backed loans.

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House OKs Pell grant increase, lower college-loan interest rates (San Jose Mercury News)

WASHINGTON - The House on Wednesday approved far-reaching changes in student aid programs, voting to slash $19 billion in federal subsidies to student lenders over five years, while increasing grants for needy students and halving interest rates on federally backed loans with the savings.

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