This July, students will see their federal student loan interest rates DOUBLE unless Congress acts. If rates double some of us would pay almost $5,000 more to repay our loans.
As states cut budgets, and grant aid diminishes, students are relying more on loans to pay for college. On average, we graduate with $25,000 in loan debt. That’s twice as much as students a decade ago.
There is a plan in Congress to keep student loan interest rates low, but our Congressmen need to act now.
Together, we can help keep college within reach for students and families, and make sure we aren’t trapped by debt when we graduate.