- Unless Congress acts before July 1, the interest rate on federally subsidized student loans for 7 million new borrowers will double from 3.4 percent to 6.8 percent. (Huffington Post)
- WASHINGTON - Senate Majority Leader Harry Reid on Thursday sought to defuse a partisan standoff over how to prevent student loan interest rates from doubling next month for 7.4 million students. (Minneapolis Star Tribune)
- But, he told the university crowd, "the No. 1 thing Congress should do for you is to stop interest rates on student loans from going up." The reference was to Mr, Obama's fight with Congress over the interest rate on current Stafford loans. (New York Times)
- By LAURIE KELLMAN Associated Press WASHINGTON (AP) - Senate Majority Leader Harry Reid on Thursday sought to defuse a partisan standoff over how to prevent student loan interest rates from doubling next month for 7.4 million students. (msnbc.com)
- Welcomed to the stage at UNLV with chants of four more years, President Barack Obama made a brief stop to town Thursday to urge Congress to halt student loan interest rates from doubling in July. (Las Vegas Sun)
- In less than a month, student loan interest rates, an industry controlled nearly totally by the federal government, are set to double, increasing from 3.4 percent to 6.8 percent. (RedState)
- CHARLESTON, W.Va. -- Rep. Nick J. Rahall, D.W.Va., called for bipartisan action on Thursday afternoon to prevent doubling of interest rates on some federal student loans. The increase is scheduled to take place on July 1. (Charleston Gazette)
- The White House has been mum on new Republican offers to break an impasse on student loans call on Congress to "do its job" to prevent interest rates on federally subsidized Stafford loans from doubling on July 1. (Washington Times)
- Seeking to break a congressional impasse, Senate Majority Leader Harry Reid (D-Nev.) is offering up another way to pay for an extension of student loan interest rates that are set to rise on July 1. (Politico.com)
- Both the administration and Republican lawmakers want to prevent interest rates on a popular student loan from doubling at the end of the month, but remain deadlocked over how to pay for it. (ABC News)
Thursday, June 7, 2012
Student loan interest rate
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