Sen. Warren Introduces the Bank on Students Loan Fairness Act
Senator Warren Introduces the Bank on Students Loan Fairness Act, her first piece of stand-alone legislation, on May 8, 2013. The bill would would students who are eligible for federally subsidized Stafford loans to borrow at the same rate the big banks get through the Federal Reserve discount window. The full text of Sen. Warren's remarks may be found here: http://1.usa.gov/143CUcs
From: Senator Elizabeth Warren
Related topics : federal loan bank act / bank student loan / can i get a loan from the bank / student loan rates / get student loan
what is federal home loan bank act
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From: johos peter
Related topics : federal home loan bank act
Begich Minute: Bank on Student Loan Fairness Act
With student loan rates scheduled to double on July 1 of this year, U.S. Sen. Mark Begich used this week's Begich Minute to highlight the need for fairness in student loan borrowing practices.
Student loan debt poses similar economic risks that failing banks do. Borrowing rates on federally subsidized loans are currently scheduled to double from 3.4 percent to 6.8 percent. With tuition costs growing, it is more important than ever to make financing a higher education affordable for all...
From: U.S. Senator Mark Begich
Related topics : bank student loan / student loan rates / federal student loan / student loan education / subsidized loan rate
Let Students Refinance Their Loans At Lower Interest Rates
The dream of a fair shot at an affordable college education has become a long shot for too many, U.S. Senator Dick Durbin (D-IL) said today during a press conference with Senator Elizabeth Warren and Senate Democratic Leadership. Durbin urged Congressional Republicans to back the Bank on Students Emergency Loan Refinancing Act, which would help 1.7 million Illinoisans, currently with outstanding student loan debt, refinance their loans at lower federal interest rates.
From: SenatorDurbin
Related topics : interest student loan / bank loan interest rates / debt student loan / loan refinance rate / federal student loan
656-1 Fed Reserve Bank Examiners: Never Met Loan They Didn't Like
Allan Meltzer, Ph.D., American Economist, Senior Fellow, Hoover Institute, and author of a three-volume history of the Federal Reserve, explains that banks have been turned into public utilities, and there's too much emphasis on near-term actions. He posits that the Dodd-Frank Wall Street Reform Act in 2010 added even more regulations to a heavily regulated industry, transferring decisions about risk for the bankers to the regulators. Meltzer divulges that the best incentive is to avoid loss in...
From: FullDisclosureNetwork
Related topics : federal loan bank act
656-1 Fed Reserve Bank Examiners: Never Met Loan They Didn't Like
Allan Meltzer, Ph.D., American Economist, Senior Fellow, Hoover Institute, and author of a three-volume history of the Federal Reserve, explains that banks have been turned into public utilities, and there's too much emphasis on near-term actions. He posits that the Dodd-Frank Wall Street Reform Act in 2010 added even more regulations to a heavily regulated industry, transferring decisions about risk for the bankers to the regulators. Meltzer divulges that the best incentive is to avoid loss in...
From: FullDisclosureNetwork
Related topics : federal loan bank act
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