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June 07, 2004
No more fixed-rate student loans
Proposal May End Fixed-Rate Student Loans:
Rates on federal student loans have fallen to around 3 percent — a 35-year low. Even better, students can lock in those rates, potentially saving thousands of dollars by ensuring their payments won't increase even if interest rates do.
But a proposal in Congress could shut down the party. The measure would end the fixed-rate option, making all federal student loans issued after July 2006 subject to variable rates. Repayments would then rise and fall each year in sync with interest rates.
NOOOOoooooooooooooooo!
Posted by sam at 05:12 PM | Comments (2)
World Series of Poker
I watched some of The World Series of Poker on ESPN tonight. You'd be surprised but it makes for great tv.
Posted by sam at 01:22 AM | Comments (2)