College Loan Consolidation, Federal Loan Consolidation, Private Loan Consolidation, Student Loan Consolidation

America's Top Student Loan Provider

Miller to Assist Middle-Class

As Education and Workforce Committee Chairman Howard "Buck" McKeon (R-CA) passes the torch to incoming Chairman George Miller, a new agenda is being laid out for the upcoming year. Miller's itinerary focuses on strengthening the middle class by improving public education, making college more affordable, and keeping America's workforce competitive.

In a recent article by Grace Rauh entitled "Miller Outlines Education, Labor Plans," Miller explained his motivation: "The middle class has lost ground in the past five years as incomes have fallen in the face of rising healthcare, college tuition, and gas costs."

The fact is nearly 50 million Americans are without healthcare--a startling and record-high number. In keeping with his focus on America's children, families, and workers, Miller wants to increase the national minimum wage when Congress reconvenes in January. The new chairman intends to take an in-depth look at reauthorizing the No Child Left Behind Act. The act calls for all students to read and do math at their appropriate grade levels by 2014. According to his early predictions, funds will be allocated to support the legislation. Two key issues concerning the law include determining whether schools will be rewarded for their efforts even if their results fall short of federal goals and determining how to accommodate students with learning disabilities.

Also, Miller will work to raise awareness of higher education's skyrocketing costs and attempt to form a call to action in order to solve the escalating problem. As it stands, college tuition is steadily rising, household incomes are falling or remaining stagnant, and federal student loans aren't filling in the gaps.

"Middle-class Americans are increasingly squeezed between declining paychecks and rising bills for basic items like housing, healthcare, college tuition,

and energy," said Miller during a Washington, DC, news conference. "Starting in January, the mission of our committee will be simple: strengthening America's middle class," he continued.

Referring to "college tuition" as an item in a series of basic needs and likening it to necessities such as housing and healthcare reveal Miller's serious stance regarding education reform. Miller has voiced his concerns about potential students forfeiting their plans to go to college because of tuition hikes. He has also noted the concern that having fewer college graduates will mean having fewer new businesses and jobs.

Early speculation suggests Miller will make an aggressive attempt to reduce borrower interest rates. The estimate is that he'll try to cut them in half. His focus on interest rates stems from the epidemic of student debt. Miller's platform is likely to propose an expansion of the economic hardship deferment program, according to the Project on Student Debt. These huge actions toward reform beg the question of how Miller intends to finance the changes they will demand. One possible answer is that he'll reintroduce the Student Aid Reward Act, a bill that would provide incentives to schools to leave the FFEL program in favor of the Direct Loan program.

According to Rauh, McKeon commended Miller for certain objectives of his plans and said there will definitely be opportunities for bipartisan cooperation. However, the abdicating chairman anticipates debates regarding some of Miller's ambitions.


Article Title : Miller to Assist Middle-Class
Comment not found for this article.

Share this story:
  • BlinkList
  • blogmarks
  • Digg
  • Facebook
  • Google
  • Sphinn
  • MySpace
  • NewsVine
  • Simpy
  • StumbleUpon
  • Technorati
  • E-mail this story to a friend!
  • Print this article!
  • Faves
  • Furl
  • Netvouz
  • Slashdot
  • Spurl
  • Yahoo! Buzz

EdFed introduces… Awareness… Learnal
At, EdFed, we proudly introduce 'articles on student loans' and 'Learnal - the journal to learn from', our free newsletter on student loan management, which is sure to keep you informed of the latest events and happenings in the student loan market. To receive your copy of the above just use the RSS feed below and add this to your "My Yahoo", blogs, newstickers, and other similar channels accepting distributable content.
Click here to sign up for our Weekly Newswire now!

How EdFed Helped others!
When I was comparing lenders to consolidate my student loans I really looked at customer service. I was impressed that EdFed offered me my own loan counselor so I was able to speak with the same person every time I called. This was what persuaded me to go with EdFed and boy am I glad I did.
- Samantha D.  Miami, FL
* 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

Student Loan Consolidation Info - How to Choose the Right Loan Company

This column is sponsored by Granted, America's top job search engine. The Career Resources column is presented by Granted, America's leading job search engine dedicated to getting people jobs.

Education is one of the most basic right of any human, but with the increase in prices and the costs involved in education this has made these rights turn into a privilege which very few can enjoy. Any normal person today in the whole of United States has to take an education loan at one point of time to pay for their education fees.

read more
Schools Will No Longer Receive Paper FAFSA Forms
(September 20, 2007)

news desk
Stafford Loan Payment Calculator
PLUS Loan Payment Calculator
Loan Consolidation Payment Calculator
Glossary of Terms
Loan Comparison Chart
Scholarship Search
Until you receive your EdFed consolidation loan, it's important that you continue making your monthly payments to your original lenders while we process your application.
US School Directory
Comprehensive List of Schools at which EdFed Assists Students.
EdFed is a FFELP lender with lender identification number 834241.
© Copyright 2017 EdFed. All Rights Reserved.

Home · About Us · Contact Us · News · Sitemap
Career Advice · Tell a Friend · Privacy Policy · Resume Service
Resume Distribution Service · Post Resume · Job Search Course
Sign up for the latest news on student loans.
Email Address:
+ Most Recent Newsletter
+ Newsletter Archives