Overview of Law

Attached to the Transportation bill, the law maintains new student loan rates at 3.4 percent thus avoiding a doubling of the rates for some 7.4 million students.

Student Loan bill Benefits & Positives

DatePositive Result\BenefitRank
07/06/12Discounted student loan interest rate extended one year saving 7.4 million students $1,000 each

Videos on Student Loan bill