With a June 30 deadline quickly approaching, lawmakers are running out of time to prevent student loan rates from doubling. Leadership from both parties has said that a compromise will be coming before the deadline and suggested on Friday that they are close to a deal. In 2007, Congress approved PL 110-84, which gradually reduced loan interest rates over four years. but expires July 1. The is... DC Shuttle: Parties Tangle Over Student Loan Rates as Deadline Nears
With a June 30 deadline quickly approaching, lawmakers are running out of time to prevent student loan rates from doubling. Leadership from both parties has said that a compromise will be coming before the deadline and suggested on Friday that they are close to a deal. In 2007, Congress approved PL 110-84, which gradually reduced loan interest rates over four years. but expires July 1. The is...