Education News

Students Could Pay More Interest on Loans

Students Could Pay More Interest on Loans

Student loan debt could grow even bigger if Congress doesn’t intervene.

Students and law makers across the country are raising concern and awareness to stop Congress from raising interest rates on new subsidized student loans on July 1, 2012. According to the White House web site, students could accrue an average of $1,000 on new student loan debt.

To voice your concerns, the White House has shared three social media links:

 

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Listen to President Obama’s Speech – #DontDoubleMyRate

Photo Courtesy: The White House