WASHINGTON — College students taking out new loans for the fall term will see interest rates twice what they were in the spring — unless Congress fulfills its pledge to restore lower rates when it returns after the July 4 ...Read More »
WASHINGTON — Interest rates on new student loans are likely headed higher after senators failed Thursday to advance proposals to keep them from doubling July 1. Dueling measures in the Senate would have kept interest rates on some student loans ...Read More »
WASHINGTON — House lawmakers on Thursday approved legislation that links student loan rates to the ups and downs of the financial markets in spite of a veto threat from President Barack Obama. The Republican-backed the bill would allow students to ...Read More »
WASHINGTON — Congressional inaction could end up costing college students an extra $5,000 on their new loans. The rate for subsidized Stafford loans is set to increase from 3.4 percent to 6.8 percent on July 1, just as millions of ...Read More »
WASHINGTON — The Senate is the newest arena in the election-year face-off over federal student loans, and both sides are starting out by pounding away at each other. With Congress returning from a weeklong spring recess, the Senate plans to ...
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