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Student loan rates double without Congres

Student loan rates double without Congress' action
Associated Press

FILE - In this May 31, 2013, file photo President Barack Obama's listens to the audience's response to his question during a Rose Garden event at the White House with college students, where Obama called on Congress to keep federally subsidized student loans rates from doubling on July 1. College students taking out new loans for the fall term will see interest rates twice what they were in the spring, unless Congress fulfills its pledge to restore lower rates when it returns after the July 4 holiday. (AP Photo/Susan Walsh, File)

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