Obama And Romney: Wrong On Student Loan Interest Rates

Thursday, April 26, 2012
This piece comes to us courtesy of The Brookings Institution. It is written by Matthew M. Chingos, governance studies fellow at the Brown Center on Education Policy.

Today President Obama is visiting the University of Iowa on the last day of a three-state tour promoting his proposal to keep the interest rate on new subsidized federal student loans at 3.4 percent. The rate will revert to 6.8percent in July if Congress does not extend the temporary rate reduction that was enacted in 2007.
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