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"Let's take over the federal student loan program".
Under the old federal student loan program, borrowers were offered a fixed rate.
Private loans are those made outside the federal student loan program.
Congress reduced subsidies to lenders in the federal-guaranteed student loan program.
Yesterday's editorial on the federal student loan program misidentified Representative Thomas Petri.
The guaranteed student loan program through banks "is on life support," Mr. Duncan said.
Similar(7)
But truly revamping the student-loan program will require renewed confidence in the ability of government programs to serve individuals.
"Actually," Bush finally said, "I think what we did was reform the student-loan program.
The Adopt-A-Student-Loan program should be relatively simple in its basic formulation.
You can also apply for student aid through the federal government, using programs such as the Pell Grant and the Stafford Student Loan program.
The maximum annual amount available under the Federal Unsubsidized Direct Student Loan program is $20,500.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com