Student debt stalemate will hammer millions of undergrads

[FarCenter]

Time is running out for Congress to act. And low-income college students will pay a high price if a deal can't be reached by Monday's deadline.

Interest rates on many new subsidized Stafford loans will skyrocket—from 3.4 percent to 6.8 percent—on Monday, unless the Senate reaches a compromise.

The likelihood of that happening dimmed Friday as Congress recessed for the Independence Day holiday week.

http://www.nbcnews.com/business/student-debt-stalemate-will-hammer-millions-undergrads-6C10480484

[handmade34]

1. Congress disgusts me

I respect a few of our congressional representatives, but most, by far, are ignorant, close-minded, arrogant and bought

we need to clone Elizabeth Warren, et. al.

[Arugula Latte]

2. This is criminal.

The priorities of this country sicken me to the core.

[msongs]

3. this young-people-mostly issue = slam dunk against repubs if dems choose to use it nt