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.


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