The President wants to extend the loans at their current rate. Republicans do not. That's a reason in itself to vote for President Obama. So once again the ones in need of assistance are the ones the rich (the Republicans) do not want to help. Notice I didn't say Tea Party members--they're hypocrites--they want the aid (social secutiry, medicaid, mobility units, college help for their children, etc., etc., etc.).
By the numbers: Student loans and the interest rate debate (infographic) By Siemond Chan and Chris Wilson
Senate Republicans blocked a vote Tuesday on a bill that would have extended the current low 3.4 percent interest rate on Stafford student loans, taking issue with how the Democratic bill would fund the extension. If Congress fails to pass such an extension by July, the rates will double.
No comments:
Post a Comment