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.
A non-profit organization dedicated to the eradication of all student loan debt through activism, education, and legislation; because student loan debt is dangerous to the US economy and to the health and well-being of individual Americans and their families. CRYN JOHANNSEN, Founder & Executive Director
Tuesday, April 24, 2012
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
Here is a snippet from my latest piece at The Loop 21:
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