New Jersey S559 allows county improvement authorities to create student loan refinancing programs.
New Jersey S559 permits county improvement authorities to establish student loan refinancing loan programs. These programs allow student borrowers or parent borrowers who are residents of the county, or parent borrowers who are New Jersey residents or have their primary employment in the state and are the obligors on a student loan for a student who is a resident of the county, to refinance their student loans at a lower interest rate.
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