WASHINGTON,D.C.- An amendment sponsored by Rep. Ami Bera to help more students pursue a college degree without going into crippling debt has passed the House of Representatives. It was included in a bipartisan bill to improve and tailor financial aid counseling. The amendment was simple. It makes sure students who take out loans are given information about all their income-based repayment options and...
would give an estimate of monthly payments based on their anticipated career. This is expected to help make sure students aren’t caught off guard about their debt. Bera said he was also pushing to allow students to refinance their loans, make Pell Grants more available, and ensure working students aren’t unfairly penalized for using financial aid.
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