Cincinnati Enquirer – About 22,000 University of Cincinnati students, and about 382,000 college students throughout Ohio, would have to pay more for student loans if Congress doesn’t reverse an impending doubling of interest rates for federally insured Stafford loans, U.S. Sen. Sherrod Brown, D-Ohio, said Thursday.
Speaking at the University of Cincinnati, Brown noted the rates would double to 6.8 percent July 1 if the Congress doesn’t freeze them. That could cost students an average $1,000 over the life of the loan.
- USA Today: Brown top Dem on Senate banking panel
- Huffington Post: Democrats Revolt Against ‘Wall Street Giveaway’ In Deal To Prevent Government Shutdown
- The Hill: Fed rules would end ‘too big to fail,’ lawmakers say
- Columbus Dispatch: Ban caffeine powder, families urge FDA
- Cincinnati Enquirer: Children’s gets $1.39M federal grant: Cough Drops