The way student loans have been costing the U.S. economy, it was time the federal government to do something about it. Now, that they have decided and imposed new mandates, the consumers must be made aware about the alterations so that they can get a solid footing. Check out the changes in the federal loan program, which are going to affect the students in the near future.
What the new mandates come up with?
The latest changes in the federal student loan program will affect those consumers who’re planning to take out new loans to further their education, as well as those existing debtors who will be starting off with their repayment.