Student loan
By Kyle A. Porter, November 2009
Editor-in-chief
Federal legislation may redefine the guaranteed student loan program and increase the funding for Pell Grants.
House Resolution 3221 passedon Sept. 17 and would make all federally guaranteed loans for higher education Direct Student Loans. The Student Aid and Fiscal Responsibility Act of 2009 eliminates private banks and lenders which currently participate in the program called Federal Family Education Loan. continued... |