Topic: Personal Finance

Student aid linked to health care gets a trim

Congressional Democrats on Thursday trimmed their original student loan plans, reduced spending for community colleges, and eliminated early childhood money from a broad rewrite of a college aid bill piggybacked on to fast-track health care legislation. The student loan measure would be the biggest change in college assistance programs since ...
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Fed's emergency loans decline in past week

Banks reduce their borrowing by average of $2.24 billion from Fed's emergency loan programBanks borrowed less from the Federal Reserve's emergency lending program over the past week in a further sign that the strains from the financial crisis are fading. The Fed reported Thursday that daily borrowing ...
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Obama health plan faces Sunday make-or-break vote

President Barack Obama's Democrats predicted victory in a cliffhanger vote Sunday on his historic plan to extend health care coverage to some 32 million Americans who lack it now. The 10-year plan, Obama's top domestic priority, aimed to bring the world's richest country closer than ever to ...
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Mortgage rates still below 5 percent

Rates on 30-year mortgages edge up, but remain below 5 percent as Fed prepares exitMortgage rates held below the 5 percent threshold for the third straight week as the Federal Reserve prepares to end a program that has kept rates at or near record lows. The average rate on a ...
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