House Unanimously Approves Student Loan Bond Bill

Barnett, Susanna Duff
October 2004
Bond Buyer;10/8/2004, Vol. 350 Issue 31986, p4
Trade Publication
Reports that the U.S. House of Representatives has unanimously approved a bill that is designed to close for one year a loophole that allows lenders to take advantage of a guaranteed interest rate on student loans backed by tax-exempt bonds. Inability of the student loan bond bill to affect existing bonds; Introduction of the changes proposed to the student loan subsidy program under the bill by Senator and Judd Gregg and Ohio Representative John Boehner; Provisions of the approved bill.


Related Articles

  • THE ROANOKE TIMES.  // Hill;6/19/2007, Vol. 14 Issue 73, p28 

    The article reports that the House Education Committee has approved a bill that would cut the student loan subsidies to private lenders in the U.S. The House bill will intend to whittle the subsidies of the bank by $18.5 billion and divert the savings to increase the amount of Pell grants and...

  • Housing Bond Bill Reintroduced in House. Vadum, Matthew // Bond Buyer;1/9/2003, Vol. 343 Issue 31549, p26 

    Reports that a major housing bond bill was reintroduced in the U.S. House by Republican party member Amo Houghton as of January 2003. Committee in which Houghton is a member; Details of the bill according to an aide of Houghton; Views of the executive director of the National Council of State...

  • House Measure Gives Conservation Group OK to Buy Land With Bonds. Duff, Susanna // Bond Buyer;3/20/2003, Vol. 343 Issue 31597, p6 

    Reports that the U.S. House approved a legislation that would allow a nonprofit conservation group to buy land with tax-exempt bonds and back the bonds with revenue from selling timber grown on the land. Details of the legislation; Legislator that introduced the legislation; Reaction of...

  • Banks Hit in Subsidy Slash, May Gain Elsewhere. Kaper, Stacy // American Banker;1/17/2007, Vol. 172 Issue 11, p1 

    The article discusses how the United States House of Representatives is expected to vote on a bill that would cut interest rates on certain student loans in half by slashing private lenders' subsidies. Under the bill, lenders' subsidies would be reduced by more than $6 billion to offset the...

  • House Green-Lights Extenders Bill, Senate OK Unclear. Schroeder, Peter // Bond Buyer;12/10/2009, Vol. 370 Issue 33231, p5 

    The article reports on the approval by the U.S. House of Representatives on the new legislation regarding bonds approaching expiration in the U.S. on December 9, 2009. It notes that the extenders bill would boost economic development, however, the Senate is doubtful whether to approve the...

  • Tax Reconciliation Package Battle Continues. McConnell, Alison L. // Bond Buyer;1/11/2006, Vol. 355 Issue 32296, p5 

    The article reports that the U.S. Congress is likely to pick members of a conference committee to settle differences between Senate and the House tax reconciliation bills. The Senate version of the tax reconciliation legislation includes pooled bonds restrictions and a broker-dealer reporting...

  • Student-Loan Rate Trim Wins House OK.  // American Banker;1/19/2007, Vol. 172 Issue 13, p3 

    The article reports that the United States Congress has voted to approve legislation that would cut in half the interest rate on certain student loans. As a result, nearly $7 million in subsidies to lenders would be stripped. The legislation is opposed by the banking industry. Various statistics...

  • Student Loan Loophole to Be Closed. Friel, Brian; Smallen, Jill; Mitchell, Charlie // National Journal;10/9/2004, Vol. 36 Issue 41, p3067 

    Reports on the passage in the U.S. House of Representatives of a bill addressing a loophole in government subsidies for college aids as of October 7, 2004. Required interest for student loans in the U.S.; Accusations made by Democratic members against the Republicans in connection with the...

  • 30-Year Treasury Bond Is Back. Postal, Arthur D. // National Underwriter / Life & Health Financial Services;8/8/2005, Vol. 109 Issue 30, p10 

    Explores key issues related to the decision of the United States Treasury Department to reissue 30-year government bonds. Claims that the Treasury's move will diminish interest in the alternative, short-term corporate bond rate; Passage of the Pension Protection Act, H.R. 2830 by the House...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics