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Revamping the Student Loan System

Pinned on January 21, 2013 at 9:08 am by Admin

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Revamping the Student Loan System

Under the health care package set forth by President Obama the United States student loan program was revamped. The Congressional Budget Office estimates that the changes will save American taxpayers $61 billion over 10 years by forcing commercial banks out of the federal student loan market. Higher education has long been costly but hopefully these changes will not only make it more affordable but more attainable for those who choose to pursue a higher degree.

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