Senate close to deal to extend low interest rates on student loans
June 22nd, 2012
07:09 PM ET
11 years ago

Senate close to deal to extend low interest rates on student loans

(CNN) - Senate negotiators were closing in on an agreement Friday to extend for one year lower interests rates on some student loans, Senate aides from both parties told CNN.

The aides predicted a deal would be reached and the legislation approved before the July 1 deadline when Stafford loans are set to double from 3.4% to 6.8%.


Filed under: Democrats • Republicans • Senate
soundoff (5 Responses)
  1. enuff

    I get so tired of these people pushing everything up to the deadline. The past two years of congress have been nothing but...

    June 22, 2012 09:00 pm at 9:00 pm |
  2. chuck weidemann

    Gridlock is subsided??? Nope just the president putting congress behind the 8 ball and they have to do something....keep it up Mr President masterful handling of those obstruction obsessed republicans.

    June 22, 2012 09:53 pm at 9:53 pm |
  3. Name JR

    When the veil is lifted on the corruption between the politicians and the public sector unions the American people will finally start to realize what it needs to do to effect the proper changes that are vital.
    After the corrective measures are put in place at the local, state an National levels the next area that should be the college and university systems. I believe it too is bloated by corruption as well.
    When market equivalent benchmark applications are superimposed on the whole public sector then there will be enough tax dollars to go around for EVERYBODY who NEEDS it.

    June 22, 2012 11:09 pm at 11:09 pm |
  4. T'sah From Virginia

    And then there is Congress????? That's when the CRAP hits the fan and it will be shocking if a BIG DEAL is not made over it and it just gets PASSED!!!

    Obama 2012 – The Only Trusted Way Forward!

    June 23, 2012 05:42 am at 5:42 am |

    Republicans in,the house will sabatage the bill as the usually do ,they gotta go in Nov ,and where are the jobs you campaign on in 2010 .your gone in Nov republican bafoon party !!!!

    June 23, 2012 07:46 am at 7:46 am |