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Wednesday, July 10, 2013

Student Loan Fixes Could Go Beyond Interest Rates - Student Loan Ranger (usnews.com)

Student Loan Fixes Could Go Beyond Interest Rates - Student Loan Ranger (usnews.com):

Student Loan Fixes Could Go Beyond Interest Rates

July 10, 2013 RSS Feed Print
According to at least one estimate, the class of 2013 will be the most indebted ever.
According to at least one estimate, the class of 2013 will be the most indebted ever.
Lawmakers in Congress remain all heated up about the July 1 doubling of federal direct subsidized loan interest rates with, as Politico reports, members of both parties using the now outdated #DontDoubleMyRate hashtag on Twitter. (The Student Loan Ranger is trying to get some traction for the more accurate #UndoubleMyRate.)
With both parties ardently seeking a solution with a few weeks to go before students return to school and start taking out loans, we remain convinced a fix that will be retroactive to July 1 is in the offing. The only