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The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [ 1]
The Health Care and Education Reconciliation Act of 2010 ( Pub. L. 111–152 (text) (PDF), 124 Stat. 1029) is a law that was enacted by the 111th United States Congress, by means of the reconciliation process, in order to amend the Affordable Care Act (ACA) ( Pub. L. 111–148 (text) (PDF) ). The law includes the Student Aid and Fiscal ...
No matter what you think of him, President Obama's remarks about student loans during the State of the Union ring true for millions. Obama's prepared remarks included 6,778 words and the 41 words ...
The Obama administration estimates that close to 8 million borrowers will be affected by the student loan initiative trumpeted by the president in a speech at the University of Colorado-Denver on ...
Getty Images For the last few months, media outlets -- including this one -- have been warning about that if Congress didn't act by July 1, student loan interest rates were set to double. Well ...
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