Student Loan Interest Rate’s Looming Rise and the Growing Need to Save for College
By Hon. Michael L. Fitzgerald
State Treasurer, State of Iowa
June 27, 2013
Recent Congressional action seems to indicate that the Senate will be unable to reach a compromise that will keep student loan interest rates from doubling before the July 1 deadline. “If I were a betting person, I’d say that’s something we’ll come back and attempt to fix retroactively,” Sen. John Thune, R-S.D., told ABC News.