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Published: 03/22/10

Student Loan Changes on the Way -- What Does It Mean for You?

By  Patricia Murphy - Politics Daily
Student Loan Changes on the Way -- What Does It Mean for You?

If 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 ...

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