On July 11, 2007, Bachmann voted against the College Cost Reduction and Access Act. The act raised the maximum Pell grant from $4,310 to $5,200, lowered interest rates on subsidized student loans from 6.8% to 3.4%, raised loan limits from $7,500 to $30,500, disfavored married students who filed joint tax returns, provided more favorable repayment terms to students who could not use their education to prosper financially, and favored public sector over private sector workers with much more favorable loan forgiveness benefits. Supporters of the bill said it would allow more students to attend college and prosper for the rest of their lives.