Community | September 10, 2007 | 1 comment

Student loan boost: Sometimes democracy works

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khsing
The State Press, Arizona State University's student newspaper, gives their opinion on the college student financial aid bill passed by Congress on Friday.
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    Economics Finances Student Loans Colleges and Universities 2 more
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1 comment // Student loan boost: Sometimes democracy works

  • abbym0308
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      abbym0308  
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    • Here's an article about what the bill does. What I find particularly refreshing is the provision that for those who go on to work in "public service" jobs (ie, nonprofit legal advocacy groups and orgs recognized as tax-exempt charities by the IRS), after 10 years they can get loan forgiveness...yes they can ERASE the remainder of their loan balance! I say yay, for once, congress put students first and told the banks to shove it.

    • 4 years ago

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