By all means, let's talk about how best to create opportunity.
For some time now, groups on the left have been pushing Democrats and the White House to pick a big fight with Republicans over the fact that student loan interest rates are set to double when a federal law expires this summer. The White House is now set to join the battle:
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Unless Congress acts, the interest rate on federal student loans will double this summer from 3.4 percent to 6.8 percent. The Obama administration has called for Congress to prevent the increase and Senate Democrats are looking to m... Read Post
The House will vote today on a bill to prevent the interest rate on government-backed student loans from doubling. Both Republicans and Democrats support the extension on the lower rate, but not the Club for Growth, the deep-pockete... Read Post