Thursday, September 5, 2013

Congress Nears Deal on Student Loan Rates. Spoiler Alert: They’re Going Up

 

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