Loan Interest Rates, Student Loan Programs, Student Aid Programs

America's Top Student Loan Consolidator

Politicians Argue over Interest Rates

January 22, 2007
Washington,

DC—Senator Edward Kennedy and Representative George Miller recently spoke at a press conference addressing ways to make college affordable. Miller discussed the importance of college affordability and cited his election agenda, which called for reducing interest rates on subsidized loans from 6.8% to 3.4%. He also requested that students help with bipartisan efforts to initiate processes that will reduce college costs. Senator Kennedy discussed putting student loan programs out to bid. He also proposed expanding loan forgiveness programs for graduates in critical public service careers and bringing back the option to refinance existing loans.

If passed, new legislation related to student loans will affect students across the country. Keeping up with the latest news on interest rates has never been more important. According to EdFed loan counselor Matt Winger, "If a student is not aware of the change in interest rates, that student can be losing out on thousands of dollars that could have [gone] toward educational supplies or any other basic need that would help out."

Additionally, various student aid programs are in the works, including a proposed loan forgiveness initiative that, if passed, will assist students who are struggling to make payments. Juriscape employee Emily Zaborniak claimed, "If I didn't have some of these programs to help me pay for loans, I never would have made it through college."

Students can find out whether they are paying too much for their loans by talking to loan experts. The loan counselors at EdFed keep track of the latest news relating to interest rates and all programs that can assist students with paying off their loans or deferring loan payments. "Every day we are briefed with the latest information regarding student loans. We are experts in our field," an EdFed representative reported.

EdFed is a student loan company dedicated to assisting students and graduates with financing college expenses and managing education loans. The company specializes in education lending and is dedicated to ensuring that loans are handled professionally and in a manner that benefits borrowers.

For more information, please contact Fred Godlash at 626-243-1838.

How EdFed Helped others!

EdFed saved me thousands of dollars! They gave me a low-fixed interest rate, borrower benefits, and low monthly payments. My loan counselors walked me through each step of the application process, and I felt very comfortable with my choice to consolidate with EdFed. I recommended EdFed to several of my classmates, and they too have had great experiences. I am so glad I found out what EdFed has to offer, there really is a difference between lenders!
- David G. Dallas, TX

* Your Name:		* Your E-mail Address:
		We respect your privacy.

* Your Friend's name:		* Your Friend's E-mail address:






Include a Message:


		+ Privacy Policy

or call:

(800) 821-5659

CONSOLIDATION NEWS

	Schools Will No Longer Receive Paper FAFSA Forms (September 20, 2007)
news desk

CALCULATORS


			Stafford Loan Payment Calculator
			PLUS Loan Payment Calculator
			Loan Consolidation Payment Calculator



	Articles
	Calculators
	FAQs
	Glossary of Terms
	Loan Comparison Chart
	Scholarship Search
	Apply now!


		While you are attending school and after you graduate, be sure to establish and protect your good credit rating. Make all loan and other payments on time; use cash instead of credit cards; and monitor your spending habits.

Comprehensive List of Schools at which EdFed Assists Students.


		EdFed is a FFELP lender with lender identification number 834241 utilizing Fifth Third Bank as its eligible lender trustee. © Copyright 2008 EdFed. All Rights Reserved. Home · About Us · Contact Us · News · Tell a Friend · Sitemap · Privacy Policy

EDFED NEWSLETTERS

Email Address:

+ Most Recent Newsletter

+ Newsletter Archives

Shoot for the moon. Even if you miss it, you will land among the stars.

Our Companies: Graduate School Loans | Law School Loans | Medical School Loans | Merchant Cash Advance | MerchantCreditAdvance