I was reading "Debt Ceiling Bill" that was passed by the House today and noticed in Title V there was a section describing changes on Pell Grants and Student Loans. Specifically, starting on July 2012 (next summer) there will be: SEC. 502. TERMINATION OF AUTHORITY TO MAKE INTEREST SUBSIDIZED LOANS TO GRADUATE AND PROFESSIONAL STUDENTS. So it sounds like once we become medical students (aka "professional" students), we'll start accruing interest on our Stafford loans since the government no longer wants to subsidize it. I guess the idea is for the government to use generated savings to pump them back into Pell Grant funding. What do you guys think?