In 2007, the U.S. Congress approved, with my strong support, and the President signed into law a measure making the single largest investment in college financial aid since the 1944 GI Bill, helping millions of students and families pay for college.Among its many provisions, the College Cost Reduction and Access Act provides for cutting in half the interest rates on need-based federal student loans by 2011, and on July 1, new benefits go into effect that will make student loan payments more mana
















