Implementing a federal refinancing policy has been a topic as of late, but this new interest rate is actually lower than the proposed refinancing rate.
He took the initiative and introduced the Student Loan Refinance Bill which would have lowered rates while
implementing federal refinancing.
On top of this, he cosponsored the Bank on Students Emergency Loan Refinancing Act in an effort to
implement federal refinancing.
Not exact matches
One of the more popular ideas is to
implement a
federal program for student loan
refinancing and consolidation.
Many Democrats want to
implement federal student loan
refinancing to help save borrowers money; it would also bring about
federal encroachment into the
refinancing market.
Senator Stabenow supported the Reducing Educational Debt Act (In The Red Act) which would
implement federal student loan
refinancing, two years of free community college, and an increase in Pell Grant awards.
The
federal refinancing policy is so popular that other state legislatures have attempted to
implement their own
refinancing policies; the legislatures in Minnesota and Virginia are two recent examples of these efforts according to The Student Loan Report.
Federal student loan
refinancing seemed to be on the horizon for sometime, and many attempts to
implement such a policy gained steam just to lose momentum on the congressional floor.
If successful, it would
implement federal student loan
refinancing.
Another stipulation from her involves
implementing a
federal program for
refinancing and consolidation, something only offered through private banks and lenders.
Fannie and Freddie have taken part in an existing
federal program known as «HARP» to help Americans
refinance, but many economists say far more homeowners would benefit if Fannie and Freddie were to
implement the program more aggressively.