International Student Blog

International Student Blog

Student Loan Debate in Washington

May 24th, 2013 by Jonathan Frankel

As the country prepares for the Memorial Day holiday, many student loan holders have their eyes on a July 1st deadline that, without Congressional action, will allow interest rates to jump from 3.4 to 6.8 percent for millions of subsidized Stafford loans. Though neither Republicans or Democrats believe that rates should be allowed to double…

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