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Obama set to sign bill to lower student loan interest rates

WASHINGTON (Reuters) – The House of Representatives on Wednesday passed a bill that would reverse a recent hike in federal student loan interest rates, lowering them to 3.86 percent for undergraduates in the new school year. The House voted 392-31 in favor of the bill that will switch interest rates…

Colleges sue impoverished recent grads over unpaid Perkins loans

Three of the highest-profile colleges in America are suing students over unpaid student loans, according to a Tuesday report in Bloomberg News. Yale University, George Washington University and the University of Pennsylvania have all filed lawsuits recently over loans to students that have fallen into default. The lawsuits all focus…

GOP Rep: ‘I have little tolerance’ for those with high student loans

If someone is looking for sympathy for their high student loans, Rep. Virginia Foxx (R-NC) would not be among those providing any support. According to audio obtained by Think Progress, the congresswoman appeared on G. Gordon Libby show Friday afternoon, saying she “never borrowed a dime of money” during her…

Yes, She Can

Palin can run for Vice-President being a mother of a newborn and the mother of a pregnant daughter. If my mom can take care of both of her parents, a child, hold a job that requires an hour commute each way, pay off her student loans and do so after…

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