President Obama hits the road next week, traveling to the election battleground states of North Carolina, Colorado and Iowa to press Congress to prevent interest rates on student loans from doubling in July. The White House says more than 7.4...
Unless Congress acts, interest rates for federal student loans will double in July from 3.4 percent to 6.8 percent. President Obama today is beginning a push to encourage Congress to prevent the increase. House Republicans, however,... Read Post
If Congress doesn't act, student loan rates double in 10 days, on July 1. According to President Obama, speaking today to students, if that happens, "more than 7 million students will be hit with the equivalent of a $1,000 tax hike,... Read Post