Inquirer Editorial: Putting a price on higher education
Source: philly.com Posted By: Johnnie R...3987 days ago
If Congress doesn't act by July 1, college loan interest rates will double from 3.4 percent to 6.8 percent. But Washington is still dawdling even as students worry about whether they will be able to stay in school.
The proposed remedies range from a bill offering low interest rates that could become prohibitively high to a measure that would reduce the rate to 0.75 percent. The divide suggests that Congress isn't ready to make a deal. But students, like businesses, need predictability to make....