Fox Business - The Power to Prosper
Search Site

Kirsten Gillibrand

Related Topics

  1. Mark Udall
  2. Congressional Republicans
  3. Congressional Democrats
  4. Patrick Leahy
  5. Patty Murray
  6. Chris Christie
Get updates on Kirsten Gillibrand
New Legislation Will Help Federal Student Loan Borrowers

College graduates battling federal student loan costs might be able to refinance for a lower rate under proposed legislation.The bill, introduced by Sen. Kirsten Gillibrand, (D-NY), seeks to have federal student loan borrowers take advantage of the historically low interest rates with those with rates higher than 4% be able to lock in rates at a flat 4%.The Federal Student Loan Refinancing Act will help students lower their rates, however, critics say the move may cost taxpayers. An analyst priced a similar proposal to this refinancing move at $50 billion.The legislation would change interest rates for all new federal student loans made on or after July 1, 2013, according to the CBO.As of right now, the interest rates on government-issued student loans are set to double to 6.8% from 3.4% on July 1 if Congress doesn't pass legislation to prevent the increase. Without legislation, GradPLUS and parent loans will have a fixed rate of 7.9%. The interest rate on all consolidation loans is ca...

Read More ›

  1. Tax Compromise Clears Key Senate Vote

    Senator John Ensign discusses why he voted 'no' on the president's tax compromise.

  2. NY Senate Candidate on Washington's Fuzzy Math

    New York State Senate Candidate Joe DioGuardi argues the U.S. debt situation is worse than we think.

  3. Malpass on Impact of Higher Taxes

    New York Senate Candidate David Malpass on the president’s plan to raise taxes on America’s upper class.

  4. Allstate Campaigns Against Texting While Driving

    Allstate Insurance CMO Mark LaNeve on the insurance company's efforts to reduce distracted driving.

  5. Changing of the Guard

    Rep. Peter King, (R-NY), breaks down his pick for the next governor of New York.

  6. NY Governor on the New York Senate Race

    Gov. David Paterson, (D), on supporting Sen. Gillibrand’s campaign and Fmr. Rep. Harold Ford’s possible run.

  7. Giuliani on Terrorism, NY Leadership

    Former NYC Mayor Rudy Giuliani on the president’s handling of terrorism and Fmr. Rep. Harold Ford’s potential Senate run in New York.

  8. Imus: Sen. Schumer is a Creep

    FNC's Chris Wallace on Sen. Chuck Schumer calling a flight attendant names on a flight to Washington, DC.

  1. Wall Street gadfly Warren stands good chance of Senate banking seat

    The chances are good, but not guaranteed, that Elizabeth Warren will secure a highly coveted seat on the Senate Banking Committee, a move that would dramatically ele...

  2. Voters Usher in a Record 20 Female Senators: Who Are They?

    Pantsuits are about to have a fashion moment.Last night’s election ushered in several female senators, bringing the number of female representatives in the Senate to...

  3. Disaster Resources for Small Businesses

    Hurricane Sandy left a trail of destruction deeply impacting the lives of millions of Americans up and down the East Coast. While it's still too early to tell, exper...

  4. Ingraham: Romney Needs to Be in Lead Ahead of RNC

    Radio host Laura Ignraham discusses how the parties are gearing up for the national conventions.

  5. Protests Against Web Piracy Bills Planned in New York, San Francisco

    Protests over controversial anti-piracy legislation escalated Wednesday, as opponents planned demonstrations in New York and San Francisco, lawmakers took sides, and...

  6. Newt Gingrich’s Big Payday From Freddie Mac

    FBN’s Gerri Willis on why Newt Gingrich was hired by Freddie Mac.

  7. Rethinking Health-Care Regulation

    Former Clinton Advisor Doug Schoen on the efforts by Congress to repeal the president's health-care law.

Freebase CC-BY
Source: Kirsten Gillibrand on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL