Financial Services

Browse Documents
by Date or Issue:
  • CONGRESSMAN CUELLAR CO-SPONSORS BILL TO LOWER STUDENT LOAN COSTS
    Posted in Press Release on January 17, 2007 | Preview rr
    Tags: Financial Services

    Today, Congress passed HR 5, the College Student Relief Act, which was co-sponsored by Congressman Henry Cuellar. This bill will help make higher education accessible and affordable by cutting the interest rates in half on certain subsidized student loans over the next five years. Interest rates on subsidized student loans for undergraduates would be cut from the current 6.8 percent to 3.4 percent. “The cost of attending college has continued growing at an unprecedented rate,” noted Congressman ... Read more