Interest rate for US's student loan jump! Student DEBT dealt?
Interest rate for US's student loan jump! Student DEBT dealt?
In the United States, student loans are responsible for the most debt in the country and have surpassed credit cards by recently reaching the $1 trillion mark. On July 1, interest rates on government subsidized loans are set to jump to 6.8 percent, but the Senate has come to an agreement to stop the increase. RT's Liz Wahl has more.
Tags
Massreport147 2012 Zion Zionism economy gold silver global elite power trend trends trendy...
From: Massreport147
Related topics : student loan debt credit card / subsidized loan interest rate / student college loan / education loan interest rate in usa
Student Loan Interest Rate Hike Fight In Congress
Via The Huffington Post: "This July, unless Congress intervenes, Pritchard likely will owe $4,000 more than he would have in student debt upon graduation. That's because a 2007 law that kept federally subsidized Stafford loan interest rates low will expire this summer, leaving the rates to double from 3.4 to 6.8 percent...".* Ana Kasparian and Jayar Jackson discuss on The Young Turks.
*...
From: The Young Turks
Related topics : subsidized loan interest rate / interest rates loan / low rate loans
Interest rates on student loans set to double July 1
OTTUMWA, IOWA -- On July 1, interest rates on government-subsidized student loans are set to double from their current rate of 3.4 to 6.8 percent. Unless Congress acts to stop this increase, students will pay an additional $1,000 for each year they take out loans to pay for their education.
http://www.heartlandconnection.com/news/story.aspx?id=913594
For more about this and related stories visit http://www.heartlandconnection.com/
Follow KTVO on social...
From: KTVOtv
Related topics : subsidized loan interest rate / student loan rates
Student loan interest rates to double in July?
Student loan debt has surpassed the $1 trillion mark and in July things can get a little trickier for college grads struggling to pay off their school loans. If Congress doesn't act fast, interest rates on government subsidized loans can potentially increase two-fold by July First. President Obama has publicly addressed Congress in hopes of something being done soon. Stef Gray, economic justice organizer for Change.org, joins us with more.
If you wish to get additional reliable news and key...
From: ZyPhReX
Related topics : subsidized loan interest rate / interest rates loan / debt student loan
Michelle's Mailbox - Student Loan Interest Rates
For the first installment of Michelle's Mailbox, Rep. Lujan Grisham talks about the recent doubling of interest rates on federally subsidized Stafford student loans and discusses what Congress must do to help students.
From: RepLujanGrisham
Related topics : subsidized loan interest rate / student loan rates
House Approves Lower Rates on Student Loans
A bill that would lower the cost of student loans has passed the House and is heading to President Barack Obama for his signature. Undergraduates this fall would borrow at a 3.9 percent interest rate for subsidized and unsubsidized loans. (July 31)
From: Associated Press
Related topics : subsidized loan interest rate / student loan rates
Can Congress dodge student loan interest rate debacle?
In the United States, student loans are responsible for the most debt in the country and has surpassed credit cards by recently reaching the $1 trillion mark. On July 1, interest rates on government subsidized loans are set to jump to 6.8 percent, but the Senate has come to an agreement to stop the increase. RT's Liz Wahl has more.
Like us and/or follow us:
http://twitter.com/RT_America
http://www.facebook.com/RTAmerica
From: RT America
Related topics : subsidized loan interest rate / student loan debt credit card / student loan rates
Courtney introduces legislation to prevent rate increases on subsidized Stafford student loans
On February 24, 2012, Congressman Courtney held a meeting at the UConn School of Business to discuss legislation he introduced to stop student loan rates from increasing.
Without Congressional action, current rates will double later this year -- costing students and families thousands of dollars overtime. Courtney's bill would eliminate the existing sunset, and ensure that rates remain at 3.4 percent.
From: Joe Courtney
Related topics : student loan rates / subsidized loan rate
Congress Don't Let Student Loan Rates Double! Consumers Union
Take Action at DefendYourDollars.org. American's now owe over 1 trillion dollars in student debt exceeding even credit card debt. Take a minute to watch this powerful video and then act quickly to keep the subsidized Stafford student loan rate at 3.4%.
From: ConsumersUnion
Related topics : student loan debt credit card / student loan rates / subsidized loan rate
Student loan interest rates to double
Some unwelcome news tonight if you're one of the millions struggling to payback your college loans. As we hear from 22News reporter Nicole Nalepa, the interest rate could soon double on these popular government subsidized loans.
From: WWLP-22News
Related topics : subsidized loan interest rate / interest rates loan / student loan rates