Streams

College Students Wait To See If Loan Rates Double

Thursday, May 23, 2013

College students could end up paying a higher interest rate on their government subsidized loans unless Congress steps in. In a replay of last year's battle, Republicans, Democrats and the Obama administration all have competing proposals. A vote is scheduled in the House of Representatives Thursday. But with no consensus in sight, it's not clear if lawmakers can keep interest rates from doubling on July 1.

Source: NPR

Tags:

The Morning Brief

Enter your email address and we’ll send you our top 5 stories every day, plus breaking news and weather.

Leave a Comment

Email addresses are required but never displayed.