The 104th Congress proposed scrapping the federal government's direct student loan program which was supposed to be cheaper than going through the banks. According to Representative Christopher Shay of Connecticut, it was administered by the federal government with twice the number of people and ended up costing twice the cost of a bank administered program. Congressman Shay wants students to start paying back college loans six months after graduating. He claims the average payment would amount to $9 a month, the price of a pizza or movie and a coke, in most localities.
Help a student, aged 12-17, who shows activism, compassion and has been involved in community service win a $20,000 award from the New World Foundation, as featured on the react webzine site.
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