House passes Student Loan Deal

House Approves Lower Rates on Student Loans : A bill that would lower the cost of student loans has passed the House and is heading to President Barack Obama for his signature. Undergraduates this fall would borrow at a 3.9 percent interest rate for subsidized and unsubsidized loans. (July 31)

Student Loan Interest Rates Double

Lendman: Student loan industry is a racket, students should get the same low-interest loans as banks.



America is facing a higher education bubble. Like the housing bubble, it is the product of cheap credit coupled with popular expectations of ever-increasing returns on investment, and as with housing prices, the cheap credit has caused college tuitions to vastly outpace inflation and family incomes. Now this bubble is bursting.

Student Loan Rates could double on July 1st

GOP Battle on Student Loan RateBoth parties agree the student loan rate hike must be solved, but House Republican Luke Messer tells Joe Deaux he can't predict the outcome.