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Student Loan Changes on the Way -- What Does It Mean for You?
By Patricia Murphy - Politics DailyIf you have a child headed to college in the fall or if you are going to college or graduate school yourself, a major overhaul to the federal student loan program that passed the House on Sunday night is something you should know about. First, a little background. The legislation was added to the health care overhaul moving though Congress, and passed the House on Sunday night by a vote of 220-211. If passed by the Senate, it will eliminate the role of private lenders in originating federal student loans, a change that the Congressional Budget Office estimates will save the federal government ...
Obama to Propose Help for Middle Class in State of the Union Address
By David Sessions - Politics DailyPresident Obama's State of the Union address on Wednesday will focus on easing the economic pain of the middle class, the New York Times reports. Obama plans to introduce a number of modest measures designed to reassure Americans that he is taking their economic plight seriously: tax credits for child care and retirement savings, caps on student loan payments, and funding for programs that help families care for aging relatives. The speech, which is still being written, is also expected to address job creation and change in Washington, senior aides said Sunday. It will come as Obama's first ...
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