(Newser) – Congress has sent its student loan fix to President Obama for his expected signature, and it contains a mix of good news and bad news for college students. The good news is that freshmen.
WASHINGTON (AP) — The U.S. House says student loans’ interest rates should be pegged to the financial markets. The House on Thursday passed a bill that would tie interest rates to 10-year Treasury.
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WASHINGTON – A bipartisan bill that would reduce the costs of borrowing for millions of students passed the House on Wednesday and was heading to President Barack Obama for his signature. The.
The 30-year fixed-rate loan is the most common term in the United States, but as the economy has went through more frequent booms & busts this century it can make sense to purchase a smaller home with a 15-year mortgage. If a home buyer opts for a 30-year loan, most of their early payments will go toward interest on the loan.
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