You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Senators Reach Bipartisan Deal on Student Loans

HeadlineJul 18, 2013

Senate members have reached a bipartisan agreement that could reverse the doubling of interest rates on federally subsidized student loans. The interest rate for Stafford loans climbed to 6.8 percent earlier this month after Congress failed to reach a deal to avoid the hike. Under the agreement, students could see a lower rate through 2015, but then see those rates jump as they become attached to financial markets. A vote on the proposal could come as early as today.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top