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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The House on Friday approved a measure freezing federally subsidized student loan rates for a year, averting a doubling of rates scheduled to occur Sunday and offering President Obama the opportunity to claim victory after a high pr... Read Post
ARLINGTON, VA -- President Obama noted the lackluster April jobs report pegging the nation's unemployment rate at 8.1 percent at a high school here in suburban Washignton before pivoting to speak about student loan interest rates. H... Read Post