Interest Rates Rise On Student Loans Despite Increase In DefaultsInterest rates on new federally subsidized Stafford loans were set to double Monday after Congress failed to act before the deadline. That means more debt for college students.
Sen. Casey Warns of Looming Deadline on Federal Student Loan Interest Rate HikesUS senator Bob Casey (D-Pa.) visited Temple University today to talk about the possibility that interest on federally subsidized student loans could go from their current rate of 3.4 percent to 6.8 percent on July 1st.
3 On Your Side: Low Student Loan Rate ExtendedIn Washington D.C. today, President Obama signed a $105 billion transportation bill. As strange as it may sound, 3 On Your Side Consumer Reporter Jim Donovan tells us that this bill signing will come as welcome news to many college students, too.
