- KNIA / KRLS - http://www.kniakrls.com -

Student Loan Rates Double, Leaving Senator Grassley Flabbergasted

Posted By News On July 10, 2013 @ 6:27 am In Today’s Local News | Comments Disabled

Before the July 4th break in Washington D.C., there was no action taken to avoid student loan rates doubling from 3.4-percent to 6.8-percent. Senator Chuck Grassley shares that he is flabbergasted that nothing occurred to avoid this. He explains that if the democrats agreed to President Barack Obama’s plan, a plan Grassley thinks is a good idea, then rates would be approximately 4-percent instead of depending on congress to set it. Grassley does believe that the issue will be brought up again and that it will be retroactive to July 1st.


Article printed from KNIA / KRLS: http://www.kniakrls.com

URL to article: http://www.kniakrls.com/2013/07/student-loan-rates-double-leaving-senator-grassley-flabbergasted/

Copyright © 2009 KNIA/KRLS. All rights reserved.