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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: student loan reform

student loan reform stories: 5 news summaries
OPINION

 Student Loan Bill 
 a No-Brainer That 
 Actually Might Pass 

But issue of rising tuition remains

Sep 17, 09 9:10 AM CDT
(Newser) - For health reform watchers despairing that lawmakers "will never be able to do anything, ever," it's time to turn an eye on the no-brainer student loan reform in the House, Gail Collins writes in the New York Times. Right now, the government gives banks money, pays them to... More »

MORE ABOUT:
Democrats • New York Times • higher education • House of Representatives • health care reform • student loan reform • college tuition • House Republicans • Rep. John Kline

Dem Lawmakers Cry Foul
on Obama Budget Cuts

President's targets for cuts have eager defenders in Congress

May 8, 09 9:22 AM CDT
(Newser) - To make an omelet, you’ve got to break some eggs. But some of the eggs President Obama broke in the list of budget cuts unveiled yesterday were golden eggs for lawmakers, and even members of his own party wasted no time in protesting, the Washington Post reports. Dems who... More »

MORE ABOUT:
earmarks • student loan reform • federal budget • President Obama • farm subsidies • Maurice Hinchey

Fight Looms Over Plan to Give Loan Funds to Students

The administration wants to cut out private lenders, setting up a showdown

Apr 13, 09 8:49 AM CDT
(Newser) - President Obama's plans to end a subsidized student-loan program—diverting billions of dollars in profits for private lenders like Sallie Mae to scholarships for needy students—is prompting howls of protest from lenders and setting up a Congressional showdown, the New York Times reports. The Congressional Budget Office estimates that... More »

MORE ABOUT:
education • Sallie Mae • student loans • Congressional Budget Office • Pell grants • student loan reform • Obama administration

Private Student Loan Providers Draw Fire

Student groups oppose use of bailout funds for unregulated lenders

Nov 28, 08 3:20 PM CST
(Newser) - Private student lenders deserve no part of the Treasury’s $200 billion consumer lending program, student advocacy groups say. They charge that the largely unregulated industry preys on young borrowers with risky variable-interest loans, the Washington Post reports. “A bailout for the providers of usurious private student loans will... More »

MORE ABOUT:
student loans • Henry Paulson • student loan reform • George Miller • bailout

$25B Sallie Mae Buyout
on the Rocks

Credit market implosion leaves buyer looking for the door

Sep 27, 07 9:52 AM CDT
(Newser) - Sallie Mae doesn’t look like such a bargain at $25 billion anymore, and J.C. Flowers & Co. is trying to renegotiate—or escape—its deal to acquire the student lender, citing the credit market implosion and legislation to reform student loan practices. It’s the kind of deal... More »

MORE ABOUT:
private equity • Sallie Mae • student loans • credit market • private equity firms • JC Flowers and Co • student loan reform

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