Friday, July 12, 2013

The Latest Lowdown on Loans

The recent student loan debacle has hit a snag. www.bloomberg.com reports "An emerging bipartisan Senate deal to pare back rising student loan rates hit a stumbling block late Thursday, when initial cost estimates came in too high, according to multiple aides involved in the negotiations." 

White House spokesperson Jay Carney said "We're working with the Senate, with members of both parties. We're working with leaders in the House as well on this issue to get this done." 

For the full article, visit http://money.cnn.com/2013/07/11/pf/college/student-loans/index.html?hpt=hp_t3

This situation is evolving, so be on the lookout for updates in the next week!

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