Congress let the Stafford Student Loan deadline pass without passing legislation to prevent the automatic rate hike from taking effect. That means If you’re taking out or renewing a federally subsidized Stafford loan starting today you rate is now 6.8 percent which is double from the 3.4 percent it was Sunday.
College students taking out new loans for the fall term will see interest rates twice what they were in the spring — unless Congress fulfills its pledge to restore lower rates when it returns after the July 4 holiday.
Senators are struggling to hold together a bipartisan deal to keep student loan rates from doubling on July 1 as their colleagues trade political barbs with little more than a week to go before the deadline.
It appears that you already have an account created within our VIP network of sites on .
To keep your personal information safe, we need to verify that it's really you.
To activate your account, please confirm your password.
When you have confirmed your password, you will be able to log in through Facebook on both sites.
*Please note that your prizes and activities will not be shared between programs within our VIP network.
Welcome back to New Jersey Insiders
It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://nj1015.com using your original account information.