Effort To Keep Student Loan Interest Rates Low Gains Bipartisan Support

Effort To Keep Student Loan Interest Rates Low Gains Bipartisan Support

Yesterday, presumed Republican candidate for President Mitt Romney mentioned his support for extending the current cap on interest rates for federal Stafford student loans, meaning that this is one issue both candidates appear to agree on. The question is, can something be done before those interest rates double in July? [More]

130,000 Students Petition Congress To Not Double Interest Rates On Stafford Loans

130,000 Students Petition Congress To Not Double Interest Rates On Stafford Loans

While interest rates on federal Stafford loans have stepped down over the last several years from 6.8% in 2007 to 3.4% for the current school year, that number is set to bounce all the way back up to 6.8% on July 1, leading 130,000 students to deliver letters to lawmakers in protest. [More]