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U.S. House of Representatives record vote 613, 110th Congress, Session 1
Americans for Democratic Action 2007 House Scorecard description Passage of a bill to cut nearly $19 billio Passage of a bill to cut nearly $19 billion from subsidies to federal student loan lender, redirecting most of those funds to financial aid for students, colleges, and universities. The bill would reduce lenders’ special allowance payments and insurance rates and eliminate a lender “exceptional performer” incentive program. It would reduce the share of collection fees kept by student loan guarantee agencies and increase origination fees that lenders are charged for new loans. Over five years, the maximum Pell Grant would rise to $5,200, interest rates on subsidized student loans would be cut in half to 3.4 percent, and the aggregate federally- backed loan limit would be raised to $30,500 for undergraduate and $65,000 for graduate students graduate and $65,000 for graduate students
Americans for Democratic Action 2007 House Scorecard position Aye +
Americans for Democratic Action 2007 House Scorecard source Http://www.adaction.org/pages/publications/voting-records.php +
Bill of vote College Cost Reduction Act of 2007 +
Chamber 111th United States Congress +
Congress number 110th +
Modification date
National Journal 2007 House Scorecard description Increase financial aid for college students and reduce subsidies for student-loan lenders. July 11. (273-149)
National Journal 2007 House Scorecard source Http://www.nationaljournal.com/voteratings/house votes.htm +
Roll call number 613 +
Scorecard vote National Journal 2007 House Scorecard + , Americans for Democratic Action 2007 House Scorecard +
Session number 1 +
Categories Record votes  +
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