The Cost of the Consolidation Option for Student Loans PDF Download
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Author:
Publisher:
ISBN:
Category : Student loans
Languages : en
Pages : 24
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Author:
Publisher:
ISBN:
Category : Student loans
Languages : en
Pages : 24
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Steven A. Weinberg
Publisher:
ISBN:
Category : Student loans
Languages : en
Pages : 0
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Author:
Publisher: DIANE Publishing
ISBN: 142894334X
Category :
Languages : en
Pages : 45
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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Deborah Lucas
Publisher: DIANE Publishing
ISBN: 1437931588
Category : Education
Languages : en
Pages : 36
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Author: United States. Congress. House. Committee on Education and the Workforce. Subcommittee on 21st Century Competitiveness
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 90
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Author: United States. Congress. House. Committee on Education and the Workforce
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 96
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Author: Steven Weinberg
Publisher:
ISBN:
Category :
Languages : en
Pages : 23
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Book Description
Federal student loans include a complex consolidation option that gives borrowers the opportunity to combine several loans into a single loan with a longer term to maturity and, for loans originated before July 2006, to convert from a variable- to a fixed-rate loan. The consolidation option adds substantial costs to the federal student loan program. This Congressional Budget Office (CBO) background paper describes the valuation of a typical student loan consolidation option, one in which a variable-rate 10-year loan is converted into a fixed-rate loan with a term to maturity of 20 years. The following are appended: (1) Treatment of Amortization; and (2) Using the Term Structure of Interest Rates to Value the Consolidation Option. (Contains 1 table, 2 figures, and 13 footnotes.).
Author: United States. Congress. Senate. Committee on Health, Education, Labor, and Pensions
Publisher:
ISBN:
Category : Student financial aid administration
Languages : en
Pages : 32
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