White House meeting could bring good news to students


With a deadline looming, Vice President Joe Biden says the Obama administration is examining a proposal from congressional Republican leaders on how to prevent interest rates on some student loans from doubling, the Associated Press reports.

“We’re not going to trade off student loans for other vital, vital programs,” Biden said, responding to a reporter’s question during a White House meeting with college officials.

The White House stance means negotiations with congressional Republicans will likely go to the brink before being resolved. Both parties favor extending current 3.4 percent interest rates on subsidized Stafford loans for another year, but they have been divided over how to pay for it. The current rates expire July 1…

Click here for the full story

Sign up for our newsletter

Newsletter: Innovations in K12 Education
By submitting your information, you agree to our Terms & Conditions and Privacy Policy.

Oops! We could not locate your form.

IT Campus Leadership

Your source for IT solutions and innovations to support campus-wide success. Weekly on Wednesday.

  • Hidden
  • Hidden
  • Please enter your work email address.
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.