(Reuters) - In two votes, the panel approved a package of bills that would reduce "special allowance" payments made to federally guaranteed student loan firms such as Sallie Mae, Citigroup and Bank of America.
In another area, it would cut to 16 percent from 23 percent the fees that loan guaranty agencies are allowed to keep on funds they collect from defaulted student loans.
Read more at Reuters.com Government Filings News
In another area, it would cut to 16 percent from 23 percent the fees that loan guaranty agencies are allowed to keep on funds they collect from defaulted student loans.
Read more at Reuters.com Government Filings News
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