CBO Releases Estimates on Loan Proposals

The Congressional Budget Office has produced cost estimates on two proposals of wide interest to federal employees, particularly younger ones, who are repaying college student loans. One would increase the amounts under the general loan reimbursement program already operating, while the other would create a special reimbursement program for security-related fields. Under congressional budget rules, CBO’s cost estimates are important developments for the prospects of the bills. For excerpts from CBO’s estimates, go to https://www.fedweek.com/HotFreeNews/default.asp in the hot free info section of our website.