A few days ago
Dr. W

Bush Signs New Student Bill, Federal Loans Cut!?

Ok, I was just reading an article on Time magazine about Bush signing a new student aid bill.

http://www.time.com/time/politics/article/0,8599,1666124,00.html?xid=rss-topstories

“It also cuts in half the interest rates on federally backed student loans — from 6.8 percent to 3.4 percent — over the next four years.”

I am a second year grad student on a four year program, and my stafford loans are currently on 6.8%… can I take advantage of this bill? if so, will it be through consolidation when I finish school? or is this in effect before I finish school?

Many thanks!

Top 1 Answers
A few days ago
erges10

Favorite Answer

I would go to a company called, Educational Loan Company…they can help you I think.
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