Topic: Consumer Credit and Debt
House boosts college aid for students in need
AP News
House passes increased college aid for students in need; ends reliance on private lendersRiding the coattails of a historic health care vote, the House on Sunday also passed a broad reorganization of college aid that affects millions of students and moves President Barack Obama closer to winning yet another of ...
House backs Obama's bid to revamp student loans
Reuters US Online Report Top News
WASHINGTON (Reuters) - The Democratic-led House of Representatives on Sunday approved President Barack Obama's bid to implement what would be the biggest overhaul in decades of the federal student loan program. Under the legislation, federal subsidies to private student loan lenders would stop and the government's role in lending ...
In student loan plan, Obama looks for another win
AP News
Student loan rewrite, tacked on to health care, could give Obama another domestic winWith health care dominating House action, President Barack Obama was looking for another domestic policy victory Sunday — passage of a vast rewrite of college aid for needy students. The legislation, piggybacked to the expedited health care bill ...
What's left to fix housing market?
Reuters US Online Report Business News
WASHINGTON (Reuters) - The United States has thrown trillions of dollars at the slumping housing market and it still looks wobbly. The government seized the two biggest mortgage finance companies and offered as much as $8,000 in tax breaks to entice home buyers, while the Federal Reserve has bought more ...
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