Tuesday, January 16, 2007

Looking forward just a bit...

Good news for those about to send a young one off to college:

Tomorrow the U.S. House of Representatives will take up H.R. 5, the College Student Relief Act of 2007. The bill , if signed into law, would cut interest rates on need-based federal loans for undergraduate students from 6.8% to 3.4% over five years. As the average subsidized, or need-based, loan is about $14,000, this plan would save the average student a little less than $5,000 over the course of that loan.

Also coming up tomorrow, the Chamber of Commerce of Eastern Connecticut, in conjunction with the Mystic Chamber of Commerce and Connecticut Business & Industry Association, is hosting a morning forum on Energy & the Economy - two issues that are closely related and of particular interest to many out here in this part of the state. The forum is at the Mystic Marriott in Groton and runs from 7:45 a.m. to 11:15 a.m.


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