"With college costs continuing to soar and more college graduates struggling to make their student loan payments, the Reduce The Rate Petition is urging lawmakers to extend the benefits of the federal bailout to students.
The plan, designed to help college students and their families in this fragile economy, calls on Congress to do the following:
- Reduce the interest rate on all student loans to 1%.
If banks can borrow at 1% or less, then so should our students.
- Extend the grace period before loan repayment begins from 6 months to 18 months for students who graduate.
In these tough economic times, it takes a college graduate an average of 6 months to 1 year to find a job. The rules should reflect this reality.
- End the penalties assessed to schools for student loan defaults.
Schools should not be held accountable for students who don’t pay back their loans.
- Increase Pell Grants to cover the average yearly cost of a public
4 year institution instead of the amounts in the current stimulus package--$5,350 starting July 1 and $5,550 in 2010-2011"
Am tired. Up at least once for every child last night. Simon didn't sleep good either. No coffee upon waking. Cookies for breakfast.
BUT! Yesterday I raised my high score on Scramble to 155, and found the word "ganglion".
Really hoping today is a better day,