Federal Loans

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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helloperson
Posts: 310
Joined: Fri Jan 21, 2011 5:26 pm

Federal Loans

Postby helloperson » Fri May 27, 2011 8:50 pm

So, if Congress doesn't come to an agreement on the debt ceiling, that might (negatively) affect federal loan monay. That would be kind of unfortunate. It may not last long, but it would be right at the time where tuition money is due.

JD2014
Posts: 161
Joined: Sat Sep 25, 2010 10:45 pm

Re: Federal Loans

Postby JD2014 » Sat May 28, 2011 9:18 am

If Congress doesn't come to an agreement on the debt ceiling, they will still have money, and will just need to pick 10% of its expenses to stop paying. College tuition will not be among the 10% that they stop paying, because pissing off middle class families is political suicide.




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