TITLE

House Unanimously Approves Student Loan Bond Bill

AUTHOR(S)
Barnett, Susanna Duff
PUB. DATE
October 2004
SOURCE
Bond Buyer;10/8/2004, Vol. 350 Issue 31986, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
14706387

 

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