Iowa Student Loans

Locals applaud student loan changes

University of Iowa student leaders probably won't take action following a recent change in Sallie Mae's forbearance policies. Sallie Mae — the nation's largest distributor of private student loans — changed its fee policy Feb. 2 in response to a Change.org petition that received 77,000 signatures.

Student Loan Rates Set to Double

JMU is sending a newsletter to students, warning them that interest rates on some student loans are set to double on July first.

Braley Sponsors Student Loan Bill

CEDAR RAPIDS, Iowa - Rep. Bruce Braley on Wednesday introduced legislation that would indefinitely keep the interest rate for federally subsidized student loans at the current level of 3.4 percent.

Education topic of Braley’s Davenport forum

The cost of higher education was a key topic at a forum today sponsored by Rep. Bruce Braley , D-Iowa, who is pushing a proposal to extend a cap on interest rates for some student loans.

St. Ambrose grad student wins big in Iowa lottery

DES MOINES — A graduate student at St. Ambrose University in Davenport became one of Iowa’s youngest lottery winners when she claimed a $1 million prize.

Davenport Grad Student Wins $1 Million

A Davenport graduate student is making plans to pay off her student loans after winning $1 million in the Iowa lottery. According to a news release, Ashley Smrcina claimed her prize Thursday afternoon

Braley introduces bill to keep student interest rates down

Congressman Bruce Braley has introduced a bill in the U.S. House that aims to keep interest rates down on student loans. The current interest rate for a federally subsidized Stafford loan is 3.4 percent. On July 1, that rate will double to 6.8 percent unless Congress takes action. Students interviewed Wednesday said they were in [...]