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          <title>WashingtonWatch.com - Revisions for S. 1720, A bill to amend title IV of the Higher Education Act of 1965 to establish a Federal Supplemental Loan Program</title>
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<title>Revision by webmaster (September 4, 2007, 18:49:08)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_1720.html?rev=9264</link>
<description>&lt;p&gt;S. 1720 would amend title IV of the Higher Education Act of 1965 to establish a Federal Supplemental Loan Program.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Amends title IV (Student Assistance) the Higher Education Act of 1965 to establish a part I Federal Supplemental Loan program under which the Secretary of Education provides fixed and variable interest rate loans to undergraduates and graduates who attend institutions of higher education (IHEs) on a full-time basis.&lt;/p&gt;

&lt;p&gt;Requires the rate for fixed loans and the margin for variable loans to be set at a level that results in the lowest rate for a borrower that will result in no net cost to the government.&lt;/p&gt;

&lt;p&gt;Sets the maximum Supplemental loan amount at a student's cost of attending an IHE minus the financial aid awarded to such student and the amount such student is eligible for but does not receive under the Federal Family Education Loan program.&lt;/p&gt;

&lt;p&gt;Directs the Secretary to offer Supplemental loan borrowers the same repayment plans offered under the Direct Loan program.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 6/27/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">9264@http://www.washingtonwatch.com</guid>
<pubDate>Tue, 04 Sep 2007 17:49:08 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (June 28, 2007, 18:41:41)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_1720.html?rev=3007</link>
<description>&lt;p&gt;S. 1720 would amend title IV of the Higher Education Act of 1965 to establish a Federal Supplemental Loan Program.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to update the status of the bill!)&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">3007@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 28 Jun 2007 17:41:41 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (June 28, 2007, 18:41:41)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_1720.html?rev=3008</link>
<description>&lt;p&gt;S. 1720 would amend title IV of the Higher Education Act of 1965 to establish a Federal Supplemental Loan Program.&lt;/p&gt;


&lt;h2 id=&quot;toc8&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc9&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 6/27/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc10&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc11&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">3008@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 28 Jun 2007 17:41:41 EDT</pubDate>
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