- The Education Department is pushing a new repayment plan for borrowers.
- Bills propose transferring student loan accounts to the Treasury Department.
A bill has been introduced proposing the elimination of interest on federal student loans and tying funding to tuition increases below 2%.
1 report, 1 independent
Updated Jul 24
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What happened
A bill has been introduced proposing the elimination of interest on federal student loans and tying funding to tuition increases below 2%.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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U.S. Treasury
mine in Sierra County, New Mexico, United States of America
Related events
- U.S. Treasury increased debt buybacks while Norges Bank Investment Management reduced its government bond exposure.
- The Federal Reserve Bank has become the sole buyer of U.S. Treasury debt.
- The U.S. Treasury issued IOUs to borrow money, setting the baseline for interest rates.
- The government issued debt to finance its fiscal deficits.
- The Fed must cooperate with the U.S. Treasury on fiscal goals, including reducing national debt and deficit, while remaining bound by Congressional spending mandates.
Coverage
Newest first; wire copies grouped- blackenterprise.comNew Bill Would Nix Interest On Federal Student Loans