Breaking News

The tsunami warning just issued is a false alarm according to emergency officials. 

  • Comment

Young votes with majority on student loan bill

Posted: August 7, 2013 - 1:49pm

JUNEAU — U.S. Rep. Don Young has voted with the majority in passing legislation to reduce borrowing costs for millions of college students.

The measure, which passed the House Wednesday, links student loan interest rates to financial markets. That means lower rates for most students now but higher ones later if the economy improves as expected.

The bill now goes to the president.

Young, in a statement, referred to this as a “permanent” fix to the federal student loan system. Sen. Lisa Murkowski, a fellow Republican, has expressed a similar view; Democratic Sen. Mark Begich has called it a temporary fix.

Young says the federal government should be committed to reducing financial barriers to students’ success. He says passage of the bill is a “tremendous stride forward” in reducing those barriers.

  • Comment

Spotted

Please Note: You may have disabled JavaScript and/or CSS. Although this news content will be accessible, certain functionality is unavailable.

Skip to News

« back

next »

  • title http://spotted.homernews.com/galleries/319323/ http://spotted.homernews.com/galleries/319083/ http://spotted.homernews.com/galleries/318768/
  • title http://spotted.homernews.com/galleries/318673/ http://spotted.homernews.com/galleries/318368/ http://spotted.homernews.com/galleries/317873/
  • title http://spotted.homernews.com/galleries/317838/ http://spotted.homernews.com/galleries/317823/
Sarah Outen Kayaking Photos

CONTACT US

ADVERTISING

SUBSCRIBER SERVICES

SOCIAL NETWORKING

MORRIS ALASKA NEWS