Posted inEducation, Higher Education

CBO Smackdown: SAFRA Saves $17 Billion More than Sallie Mae’s Plan

[Editor’s note: This blog post was originally published on Students Over Banks.] Last Friday the non-partisan Congressional Budget Office (CBO) released a new estimate comparing the Student Aid and Fiscal Responsibility Act (SAFRA), which is based on the President’s proposal to reform the financial aid system, and the industry counterproposal (PDF) put forward by Sallie […]

Posted inEducation, Higher Education

A Last Resort Only

The Wall Street Journal‘s personal finance “tip of the week” is a good one: Looking for loans to help you foot your college bills? Don’t settle for private loans until you’ve exhausted all options for federal loans, which usually come with lower, fixed interest rates and more flexible payment plans. (Some government-backed loans are made […]

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