Education News in Brief

Bill Aims to Shore Up Confidence in Shaky Student-Loan Market

By Alyson Klein — April 15, 2008 1 min read
  • Save to favorites
  • Print

The U.S. House Education and Labor Committee unanimously approved a measure last week aimed at helping to keep problems in the shaky credit markets from affecting the availability of college loans. The bill would increase the amount students may borrow in federally subsidized loans, in part to keep students from having to turn to private lenders, who might not be able to offer them favorable terms.

The measure would permit students who are dependent on their parents to borrow up to $31,000 over the course of their education, up from $23,000 under current law. The bill would also give parents extra time to repay federal PLUS loans and make it easier for parents who are delinquent on their mortgages to get a PLUS loan.

A version of this article appeared in the April 16, 2008 edition of Education Week

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Professional Development Webinar
Strategies for Improving Student Outcomes with Teacher-Student Relationships
Explore strategies for strengthening teacher-student relationships and hear how districts are putting these methods into practice to support positive student outcomes.
Content provided by Panorama Education
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Classroom Technology Webinar
Transform Teaching and Learning with AI
Increase productivity and support innovative teaching with AI in the classroom.
Content provided by Promethean
Curriculum Webinar Computer Science Education Movement Gathers Momentum. How Should Schools React?
Discover how schools can expand opportunities for students to study computer science education.

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education Briefly Stated: September 21, 2022
Here's a look at some recent Education Week articles you may have missed.
9 min read
Education Briefly Stated: September 7, 2022
Here's a look at some recent Education Week articles you may have missed.
9 min read
Education Briefly Stated: August 31, 2022
Here's a look at some recent Education Week articles you may have missed.
8 min read
Education Briefly Stated: August 24, 2022
Here's a look at some recent Education Week articles you may have missed.
8 min read