Learn more about the amendment: goo.gl On the heels of the release of the Republican’s fiscal year 2013 budget, which reduces the amount of available funding for post-secondary education, US Rep. Karen Bass offered an amendment to Republican/Ryan 2013 budget today which will provide relief to college students by preventing Stafford Loan interest rates from doubling in July. Without action from Bass’ amendment, the interest rate on these need-based federal loans will increase to 6.8 percent on July 1 and lead to a 00 average increase in college borrowing costs for more than 7 million students. “Our nation’s students are facing unprecedented crippling debt before they even enter the workforce,” said Rep. Bass. “There’s no reason that if advancing one’s education is the answer for ensuring success within our country students should not have to leave college with as much debt as a mortgage would cost. With this amendment I hope to urge my colleagues on both sides of the aisle to make college affordability a top priority. Congress must make post-secondary education attainable for every student in America no matter their family’s economic status.” Last month, after the release of President Barack Obama’s budget, which details his Administration’s strategy for tackling college affordability, Rep. Bass launched the national “Sound off on Student Debt” survey to gather feedback from students around the country about the challenges and pitfalls they face with education-related …
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Question by : Would China give us a debt relief if we would give them Taiwan?
Taiwan is not ours. But we could let them take it.
Best answer:
Answer by Derek
Taiwan isn’t ours to give.
What do you think? Answer below!
