Home » Financial Aid, News, Scholarships, Student Loans

Proposal for Overhauling Student-Loan Program Gets Mixed Reviews

20 December 2012 26 views No Comment

Dec. 19, 2012 – “Legislation introduced in Congress this week that would overhaul the federal student-loan programs by changing how interest rates are set and how borrowers repay their loans is getting mixed reviews from student-aid advocates,” The Chronicle of Higher Education reports. “The National Association of Student Financial Aid Administrators has come out in support of the measure. Justin Draeger, the group’s president, said that the automatic-payment system would protect “those borrowers who are most vulnerable from the ‘life-alternating financial calamity” of defaulting on a loan.”

Read the whole article originally published in: Todays News Feed.

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Financial Aid News is sponsored in part by:


Leave a Reply

By clicking 'Submit Comment', you agree to the Edvisors Terms of Use and Privacy Policy.