Tag: student loan rates

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    Obama Signs Student Loan Deal

    President Barack Obama signed into law Friday a measure restoring lower interest rates for student loans, pledging the hard-fought compromise would be just the first step in a broader, concerted fight to rein in the costs of a college education. Encircled by lawmakers from both parties in the Oval Office, Obama praised Democrats and Republicans alike for agreeing – finally – on what he called a sensible, reasonable approach to student loans even as he cautioned that “our job is not done.” …

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    College Loan Interest Rates Set To Double on July 1

    Incoming college freshmen could end up paying $5,000 more for the same student loans their older siblings have if Congress doesn’t stop interest rates from doubling. Sound familiar? The same warnings came last year. But now the presidential election is over and mandatory budget …