Student Loan Overhaul | featured news

Student loan provider says layoffs are imminent after president signs new student loan overhaul bill into law.

Big changes in the student loan program will help make college more affordable for students and their debt load more manageable ...

The measure ends billions of dollars in subsidies paid to commercial banks for making federally backed student loans in which they bore almost no risk, and expands direct federal loans to students instead.

Compromises abound, but the current health care/student loan bill would make huge investments in higher education, pouring upwards ...

With Democratic Congressional leaders and the White House struggling on Wednesday to finalize the details of major health care legislation, House Democrats were desperately trying to prevent another of President Obama's top legislative priorities - an ambitious overhaul of student loan programs - from becoming a casualty of the health care battle.