The bill links student loan interest rates to the financial markets. It would offer lower rates for most students now, but higher ones down the line if the economy improves as expected.
White House spokesman Jay Carney says Obama will sign the bill in a ceremony at the White House. He says in the coming months, Obama will lay out an aggressive plan to reduce costs for college students.
« Previous page 1 2
Also On Black America Web:
November 24-30: This Week in Black History
http://ioneblackamericaweb.files.wordpress.com/2013/11/november-24-2006-robertmcferrinsr.jpg?w=180&h=180&crop=1 http://ioneblackamericaweb.files.wordpress.com/2013/11/november-25-1992-thebodyguard.jpg?w=180&h=180&crop=1 http://ioneblackamericaweb.files.wordpress.com/2013/11/november-26-1878-marshall-taylor.jpg?w=180&h=180&crop=1 http://ioneblackamericaweb.files.wordpress.com/2013/11/november-27-1993-lisahannamissworld.jpg?w=180&h=180&crop=1 http://ioneblackamericaweb.files.wordpress.com/2013/11/november-28-1961-erniedavis.jpg?w=180&h=180&crop=1
Tags: college » loans » President Barack Obama » Student Loans