Congress: Pay off student loans this way

Source: Zack Friedman - Forbes

The College Affordability Act, new legislation which was introduced by House Democrats and would update the Higher Education Act of 1965, offers a simple promise: combat the rising cost of tuition and increase federal student aid so that every student can afford to attend college and earn a quality degree. The College Affordability Act, which is expected to cost $400 billion over 10 years, seeks to reshape higher education in several ways:

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