If Congress does not act quickly, interest rates for federal student loans will increase, double in fact, from 3.4 percent to 6.8 percent in July 2012. At a time when current borrowers are already struggling with tuition hikes and therefore will be saddled with higher levels of student loan debt, it does not appear sensible to let these cuts expire.Read the rest of the article here.
Loop 21 - Obama, Romney Both Support Extending Student Loan Interest Rate Cut: Other Republicans, like Rep. Virginia Foxx, draw fire for "lack of tolerance" comment about student loan debtors
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Here is a snippet from my latest piece at The Loop 21:
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