Student Loan Interest Rate Analysis Comparison of Cost to Borrowers Under Current Law, H.R. 1911, and a Permanent Extension of Current Interest Rates

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Federal aid to higher education.

Interest rates.

Loans.

Student aid.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2013

Summary:

Analyzes potential effects on borrowers of a proposal to amend formulas used to set interest rates charged on Federal student loans made through the William D. Ford Federal direct loan (DL) program. Compares total interest that future borrowers of DL program loans might pay as specified under current law; H.R. 1911, the Smarter Solutions for Students Act; and permanent extension of current interest rates. Provides analysis of several cases of student and parent borrowers

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed May 2014). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress. Congressional Research Service. Student Loan Interest Rate Analysis

Publisher Number:

CRS-2013-DSP-0262

Access Restriction:

Restricted for use by site license