President Obama speaks with graduating seniors and their parents on May 4 at Washington-Lee High School in Arlington, Va., during a roundtable discussion on the interest rates of federally subsidized student loans. Without congressional intervention, student-loan interest rates are set to double on July 1.
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On the heels of President Obama’s signing of a measure keeping federally subsidized student loans at a relatively low rate through 2015, Rolling Stone's Matt Taibbi exposes how the high price of U.S. college tuition and the federal ... Read Post
(WASHINGTON) — Interest rates on some new federally backed loans for college students are now double what they were last week. Subsidized Stafford loan interest rates went to 6.8 percent on Monday because Congress didn’t strike a de... Read Post