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Daily Digit: Student Loan Rate Doubles to 6.8 Pct

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Daily Digit: Student Loan Rate Doubles to 6.8 Pct
AIRED:
Today's Daily Digit is 6.8 percent. Interest rates on new federal student loans have just doubled to 6.8 percent. There is hope though. Lawmakers could take up the issue when they return from a holiday break on July 10th. One idea being bounced around is to retroactively extend lower interest rates for a year - buying time for lawmakers to come up with a longer-term plan.moreless
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