The us government Accountability Office (GAO) put out research recently, in reaction so you’re able to a query away from several Republican senators, reflecting the characteristics off Grad Together with Financing individuals, and potential implications regarding instituting yearly and aggregate financing limitations towards the Graduate Plus Funds.
If for example the regulators instituted a keen aggregate mortgage limit from $fifty,one hundred thousand, GAO unearthed that ED might have ounts by $twenty two
Managed to three members of this new Combined Monetary Panel – Sens. Mike Lee (R-UT), vice-chairman of your own committee, Bill Cassidy (R-LA), and you may Tom Cotton fiber (R-AR) – GAOs statement found that at the time of , the new Agency out-of Training (ED) disbursed $71 million for the Grad And Loans to at least one.7 million consumers. Continue reading „GAO Releases Overview of Graduate Including Consumers, Potential Effects of Financing Restrictions“