Options to Change Interest Rates and Other Terms on Student Loans

With the federal government projected to make $1.4 trillion in new direct student loans in the next decade, the Congressional Budget Office recently published a report to provide information about the costs of the student loan program and its effects on the federal budget. Additionally, the report analyzes the budget impact of various options for changing  the terms on new subsidized loans and of modifying the overall system to setting interest rates on new direct student loans.