Student Loan Legislation Affects Graduate Students Differently
August 2nd, 2013 by Jonathan Frankel

college loan135903390The Backstory
Having arrived at a solution that both the Democrat-led Senate and Republican-dominated House can support, the student loan crisis appears to be on the way to a successful resolution. In fact, the compromise, which ties the interest rate on subsidized student loans to the market rate of 10-year Treasury notes but also puts finite limits on the maximum allowable rate, could arrive on President Obama’s desk as early as this week. This is welcome news not only for undergraduate students – whose subsidized Stafford loans dominated the headlines throughout the debate – but also for graduate students. Read the rest of this entry »


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