In a moment of rare bipartisan collaboration, the Senate hammered out an
agreement last week to keep rates on some new student loans from doubling, and
it’s expected that a final version will be signed into law before the new
academic year starts. It’s welcome progress, but here’s the rub: The compromise
pretty much guarantees that rates will go up in the future
Read more: http://business.time.com/2013/07/22/congress-nears-deal-on-student-loan-rates-spoiler-alert-theyre-going-up/#ixzz2ZuXIpGhr