06-29-2013, 01:04 PM
On July 1st student loan rates are set to double, they will go from 3.4% to 6.8%. This is happening because once again Washington cannot come together & agree. I feel sorry for every person who hopes to make something of themselves by getting a higher education only to be saddled with years of debt right off the bat.
The lawmakers say a deal is still possible but they are going to enjoy a little holiday first.