- Fri. Jul. 4, 2008
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HILL BRIEFS
Senate Passes Protections For Student Loan Market
Education. The Senate today passed by unanimous consent a bill meant to keep the credit crisis from encroaching on the student loan market. Senators added some provisions not in a House-passed version, but the House is expected to pass the Senate bill, said a spokeswoman for Senate Health, Education, Labor and Pensions Chairman Edward Kennedy. Senators added language to their version of the measure that expands federal grants to 100,000 more students who would qualify for up to $4,000 each year in additional aid. A statement from Kennedy's office said the aid increase is paid for by savings found elsewhere in the bill. Both bills increase the amount students can borrow from federal loan programs and permits lenders to sell outstanding federal loans to the Education Department to increase capital for additional loans.
- Next: Senators Report Consensus On Missile Defense, Army FCS
- Previous: Fed Lowers Key Interest Rate By Quarter-Point
4/30/2008 PM Contents
- Peterson: White House Veto Of Farm Bill 'Political Suicide'
- Oberstar Anticipates $450 Billion Highway Bill In 2009
- Hoyer Piles Big Bills Onto Next Week's Floor Schedule
- House Panel Close To Approving Deal On Legal Aid Funds
- GAO: HSA Contributions Are Double Amount Withdrawn
- Bipartisan Coalition Seeks $2B More For NASA Programs
- Boehner, In His Role As Cheerleader, Says GOP Can Win
- Ex-Official On Declassification Blasts U.S. Secrecy Policies
- House Panel Signals Intent To Renew FEMA Grant Program
HILL BRIEFS
- Fed Lowers Key Interest Rate By Quarter-Point
- Senate Passes Protections For Student Loan Market
- Senators Report Consensus On Missile Defense, Army FCS
- Al-Qaida Gains Strength In Afghanistan, U.S. Report Says
- Ozinga Selected To Face Halvorson In Ill.
- Inouye Holds Event For Stevens
- Reps. Hill, Capps Endorse Obama
