Volumne 12, Issue No. 1
February 4, 2014

Stafford Loans

Combined Highways-Student Loan Bill Passed

Monday, July 9th, 2012

Compromise might not be a dirty word on Capitol Hill after all. After months of grandstanding and apparent deadlock, it appears that Congress has found a way forward on two important issues by combining them into one package that gives both parties key pieces while requiring compromise on others. The combined Highways-Student Loan bill will include a two-year $100 billion spending plan for highway and mass transit construction and repairs, and $6 billion to prevent rates on new student loans from doubling.