Skip to content

What the $5 Billion Threat to College Loans Looks Like – Yahoo! News

By Philip Bump

The latest edition of “Barack Obama Holds an Event with Regular Folks to Try and Get Congress to Do Something” will take place on Friday. The regular folks will be college students; the “something” this time around is preventing a doubling of the interest rate on student loans. Those college students better bring their game faces, too: If the interest rate hike isn’t prevented, college educations are about to get over $5 billion more expensive, with a lot of that cost falling on those least able to afford it.

Read the Rest @ What the $5 Billion Threat to College Loans Looks Like – Yahoo! News.

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: