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"President Obama’s continued, unwavering commitment to women’s rights, LGBT rights and middle-class priorities stand in stark contrast to the antiquated vision of America offered by congressional Republicans and Tea Party sympathizers. The president’s commitment to students is one of the most striking examples of this difference."

Responding to the State of the Union

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+ collegedems.com

collegedems.com

College Affordability

+ In case you missed it: Obama signs bipartisan student loan bill into law
President Barack Obama Friday signed into law a bipartisan student loan bill which the House overwhelmingly approved late week. The Senate OK’d the measure by a vote of 81 to 18 two weeks ago.
Without congressional action, interest rates on loans to college students were increasing from 3.4 percent to 6.8 percent. But under the law signed by Obama the interest rate for undergraduate loans will fall back to 3.86 percent. The interest rate on graduate student loans will be 5.41 percent.
Obama’s signature on the bill ends months of arguments over how much the federal government should subsidize student loans and whether students in the next several years will face crushing repayment burdens if interest rates go up, as most observers expect they will.

In case you missed it: Obama signs bipartisan student loan bill into law

President Barack Obama Friday signed into law a bipartisan student loan bill which the House overwhelmingly approved late week. The Senate OK’d the measure by a vote of 81 to 18 two weeks ago.

Without congressional action, interest rates on loans to college students were increasing from 3.4 percent to 6.8 percent. But under the law signed by Obama the interest rate for undergraduate loans will fall back to 3.86 percent. The interest rate on graduate student loans will be 5.41 percent.

Obama’s signature on the bill ends months of arguments over how much the federal government should subsidize student loans and whether students in the next several years will face crushing repayment burdens if interest rates go up, as most observers expect they will.

Support the College Democrats of America
College Democrats work hard all over the country to elect Democrats and mobilize young people for the Democratic Party. You can support College Democrats today by making a contribution to the College Democrats of America (CDA), the official student outreach arm of the Democratic Party.

Support the College Democrats of America

College Democrats work hard all over the country to elect Democrats and mobilize young people for the Democratic Party. You can support College Democrats today by making a contribution to the College Democrats of America (CDA), the official student outreach arm of the Democratic Party.

+ DEMOCRATS.ORG - CHANGE THAT MATTERS
Largest investment in college aid in history — including expanding access to student loans — while reducing the federal deficit by ending wasteful student loan subsidies to banks.
Twitter | Facebook | Donate

DEMOCRATS.ORG - CHANGE THAT MATTERS

Largest investment in college aid in history — including expanding access to student loans — while reducing the federal deficit by ending wasteful student loan subsidies to banks.

Twitter | Facebook | Donate