New Federal Program to Alleviate Student Loan Debt
Wednesday, July 1st, 2009Credit card balances, medical bills, mortgages and student loans make up a lot of America’s debt. In this recession-plagued economy, relief from any one of those financial obligations can be a tremendous benefit.
The White House has championed a bill to curb credit card company billing tactics and its mortgage modification program is expanding despite some early setbacks. And, the health care debate is reaching crescendo with the hope for many that an affordable, if not fully-supported, government medical plan will soon take shape.
Student loans, however, have not been subject to the broader economic sweep-up strategy that Washington has employed to fix the economy.…