student loans en Senate Fails to Keep Student Loan Rates Low <p></p><p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px; ">WASHINGTON — An effort to restore lower interest rates on&nbsp;<font color="red">student</font>&nbsp;<font color="red">loans</font>&nbsp;has failed in the Senate.</p> Thu, 11 Jul 2013 00:14:54 +0000 Associated Press 6076 at Congress Reaches Agreement on Transportation Bill, Student Loans <p>The House of Representatives overwhelmingly passed legislation Friday that funds transportation programs and averts an increase in interest rates on loans for college students.</p><p>The <a href="">packaged measure passed by a 373-to-52 vote</a> and avoids a looming deadline that would have doubled Stafford loan rates to 6.8 percent on July 1. The bill also pays for construction of highways, bridges and other projects over the next two years.&nbsp;</p> Fri, 29 Jun 2012 18:15:17 +0000 Phillip M. Bailey 853 at McConnell Highlights Tough Job Market for College Graduates <p>In a push to younger voters, President Barack <a href="">Obama is touring college campuses this week to discuss the problems of student loan debt</a>. But Senate Minority Leader Mitch McConnell is blaming the president for the poor job market that college graduates enter.</p><p>Interest rates for subsidized Stafford Loans are set to double this summer, going from 3.4 percent to 6.8 percent. The White House projects more than 7.5 million students will face steeper debt if lawmakers don&#39;t act to freeze the interest rate. Mr. Obama says that should be a higher priority than protecting tax breaks for wealthy Americans.</p><p>But in a Senate floor speech, McConnell says the president is too busy pointing fingers and not taking responsibility for the poor economy that students face. &quot;It&rsquo;s the millionaires. It&rsquo;s the banks. It&rsquo;s big oil. It&rsquo;s the weather. It&rsquo;s Fox News. It&rsquo;s anything but him. And it&rsquo;s absurd. I mean, if you believe that a president who got everything he wanted for two years&mdash;two whole years&mdash;has nothing to do with the problems we face, then I&rsquo;ve got a solar panel company to sell you,&quot; he says. <!--more--></p><p> Tue, 24 Apr 2012 19:27:07 +0000 Phillip M. Bailey 39 at McConnell Highlights Tough Job Market for College Graduates