military student loan repayment program

Action Line: Councilman defends street-tree ordinance

Q Great column on trees (Action Line, June 19). As you may know, it was my modifications to the ordinance a couple of years ago (with the council vote, of course) that made the paper disclosure form a requirement in San Jose.

The funny thing is, as you point out in your column, it was against the law already to fail to disclose a missing tree, just as it would be for any other code violation, but nobody was bothering to do it, and the urban forest was in decline through attrition.

Despite all of that and despite the fact that the Santa Clara County Realtors openly supported the disclosure requirement during the council meeting when the vote was taken, they absolutely blasted me over the issue in their endorsement process for mayor.

As a result, I did not get their endorsement despite being an active Realtor member of their organization for more than 20 years before joining the council.

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Student loan rates to leap

And that leaves student loan borrowers around Kansas City and across the nation barely a week and a half to lock in some of the lowest college loan rates in their lifetimes.

Lenders and government officials have been warning borrowers for about a month to consolidate their federally backed college loans and lock in low rates now before a 1.8 percentage point jump on July 1 pushes interest costs to 7.1 percent for existing Stafford loans and to 7.9 percent on Parent Loan for Undergraduate Student, or PLUS, loans.

Borrowers who already have begun repaying their various loans can consolidate now and lock in a 5.375-percent fixed rate for the life of their loan. Students who are still in school, or left there so recently that their payments haven't kicked in yet, can lock in an even sweeter 4.75 percent.

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