Check out the new page on Obama’s website with information about college affordability.
The interest rate on student loans may double from 3.4% to 6.8% if Congress doesn’t get it together. The Senate is expected to pass a version of a bill maintaining the 3.4% interest rate, but the House has already approved the increase to 6.8 percent.
Yesterday, I met with Senator Bill Nelson (D-FL) and a group of UF College Democrats to discuss this issue. Article here.