Future Of Student Loan Rates Undecided | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

Future Of Student Loan Rates Undecided

Play associated audio
Student loan rates will double if Congress doesn't act by July 13.
http://www.flickr.com/photos/ijames/112866961/
Student loan rates will double if Congress doesn't act by July 13.

At the end of next week, lawmakers head out of town for their July 4 recess, however, they still have a lot of heavy lifting to do first.

As Obama pointed out in his weekly radio address: student loan interest rates will double, and the U.S. highway program will expire if Congress doesn't act by July 13. But Rep. Morgan Griffith (R-Va.) says the GOP already sent a proposal to pay for it, which includes increasing what federal workers pay into their pensions.

"It's a shame that the president isn't trying to work with Congress to resolve a very important issue," he says.

Senate leaders are negotiating a way to keep student interest rates low, but details aren't expected to become public until early next week. Even then, it's still unclear if any agreement would be acceptable to House Republicans.

NPR

Church Of Scientology Calls New HBO Documentary 'Bigoted'

The filmmaker says Going Clear, harshly critical of the Church of Scientology, is about the dangers of "blind faith." The church has hit back with an aggressive public relations effort of its own.

NPR

Was Your Seafood Caught By Slaves? AP Uncovers Unsavory Trade

Some of the seafood that winds up in American grocery stores, in restaurants, even in cat food, may have been caught by Burmese slaves, a yearlong investigation by The Associated Press finds.
NPR

Sen. Harry Reid Says He Won't Seek Re-Election

The Democratic leader in the Senate announced his decision in a video. "My friend Sen. [Mitch] McConnell, don't be too elated," he said. "I'm going to be here for 22 months."
NPR

Police Departments Open Up 'Safe Lots' For Craigslist Transactions

Several crimes around the U.S. have been tied to the website's in-person transactions. So police departments are offering up their parking lots to provide a secure space for buying and selling stuff.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.