Jonathan Glater has an article in today's New York Times about the good news for college students and graduates starting on July 1st. The new benefits include lower interest rates on federally student loans and an option to lower monthly payments based upon one's income (see video below).

“These benefits are guaranteed, no matter what happens in our economy, and are kicking in at exactly the right time for millions of Americans,” said Representative George Miller, Democrat of California and chairman of the House education committee.

See Chairman Miller's complete statement here.


Source: IBRinfo.org

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