It takes the average reader and 20 minutes to read Options to Change Interest Rates and Other Terms on Student Loans by Nabeel Alsalam
Assuming a reading speed of 250 words per minute. Learn more
The Federal Direct Student Loan Program offers loans to students and their parents to help pay for postsecondary education. Under current law, about $1.4 trillion in new direct loans will be made to students between 2013 and 2023. Analysts and policymakers have raised concerns about various features of the program, including a jump in the interest rate on what are known as subsidized loans -- which account for about one-quarter of all new student loans -- that is scheduled to occur on July 1, 2013. This report provides information about the direct student loan program and its effects on the federal budget under current law. It also presents an analysis of the expected budgetary effects of options for changing the terms on new subsidized student loans and of options for changing the overall approach to setting interest rates on all new direct student loans. Tables and figures. This is a print on demand report.
Options to Change Interest Rates and Other Terms on Student Loans by Nabeel Alsalam is 20 pages long, and a total of 5,000 words.
This makes it 7% the length of the average book. It also has 6% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 27 minutes to read Options to Change Interest Rates and Other Terms on Student Loans aloud.
Options to Change Interest Rates and Other Terms on Student Loans is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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