Posts Tagged ‘Know Before You Owe’
DC Shuttle: Obama Moves to Ease Student Loan Debt
by The New England Council
October 31, 2011
On Wednesday, President Obama announced a new proposal to ease the burden of student loan debt. The "Know Before You Owe" initiative will allow students with multiple government-backed loans to consolidate them into one loan under the federal Direct Loan program with an interest rate reduction of 0.25% to 0.5%. The administration estimated that about ...
Read MoreTags: Arne Duncan, DC Shuttle, Direct Loan program, federal education policy, Know Before You Owe, New England Council, Obama, student loan debt | No Comments
