Will the New Political Climate Help Students with Loans?

A Fortune Magazine article details some of the past relationships of student loan lenders and for-profit schools (Big Education) and the federal government.

We all understand that tuition has been rising, and student financial aid has not kept up. Will a Democratic-led House and Senate help out the American student? Here’s the most promising quote from the article:

“George Miller (D-California), who is likely to become the new chairman of the House Committee on Education and the Workforce, wants to cut interest rates on student loans in half.”

Read more and you’ll likely learn some new information about government, lending companies, campaign donations, and higher education schools.

Leave a comment