U.S. House of Representatives record vote 613, 110th Congress, Session 1
From OpenCongress Wiki
Same for all scorecards:
- Name of bill: College Cost Reduction Act of 2007
- Chamber: U.S. House of Representatives
- Roll call number: 613
- Congress number: 110th
- Session number: 1
- Vote link: U.S. House of Representatives record vote 613, 110th Congress, Session 1
| Scored vote | |
|---|---|
|
Scorecard: National Journal 2007 House Scorecard |
Org. position: |
|
Description: "Increase financial aid for college students and reduce subsidies for student-loan lenders. July 11. (273-149)" (Original scorecard available at: http://www.nationaljournal.com/voteratings/house_votes.htm) | |
| Scored vote | |
|---|---|
|
Scorecard: Americans for Democratic Action 2007 House Scorecard |
Org. position: Aye |
|
Description: "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" (Original scorecard available at: http://www.adaction.org/pages/publications/voting-records.php) | |
