Congressional leaders have reached tentative deals that would prevent a doubling of student loan interest rates and revamp the nation's transportation programs, congressional officials said Wednesday.
Congressional bargainers are closing in on an agreement that would head off a July 1 doubling of interest rates on federal loans to 7.4 million college students.
Congressional bargainers seem near an agreement that would avert a July 1 doubling of interest rates on federal loans to 7.4 million college students and end an election-year battle between President Barack Obama and Congress, Senate aides from both parties said Friday.
Millions of young people continue to wrestle with the huge problem of student loan debt. A former Jersey Director of Consumer Affairs says he has an idea that might help.
Top congressional Republicans are making a new offer to President Barack Obama in the fight over interest rates for 7.4 million students with federal college loans.
There is growing concern – on college campuses in Jersey and across the country – about the possibility that student loan rates could double this summer.