College tuition rates continue to rise at an exorbitant rate

Battle Over Student Loan Rates Obscures Larger Issues

By Roger Aronoff —— Bio and Archives--July 3, 2013

American Politics, News | Comments | Back To Full Article

Rates on new subsidized federal student loans just doubled from 3.4% to 6.8% on July 1st, a fact that was met with dread, frustration, and, for some, celebration. As Danielle Kurtzleben notes for U.S. News and World Report, a student loan rate of 6.8 percent “wasn’t always so scary,” that is, until Congress lowered it to 3.4%.

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