United States House Committee on Education and the Workforce

Time running our as Congress lacks a solution on student loans

Time running our as Congress lacks a solution on student loans

The clock is ticking loudly as Congress looks for a deal to bring back low interest rates on student loans. Lawmakers and their aides are continuing talks about how they can restore 3.4 percent interest rates on subsidized Stafford student loans and retroactively undo the doubling of those rates. Some suggested Wednesday that compromise was […]

House set to vote on varible-rate student loans

House set to vote on varible-rate student loans

House lawmakers are ready to pass legislation that links student loan rates to the financial markets in spite of a veto threat from President Barack Obama. Supported by Republicans, the bill would avoid a rate increase for students with new subsidized Stafford loans if lawmakers pass it, as expected, on Thursday. Democrats generally opposed the […]