May 23, 2013

Daily Kos: CA 41 Mark Takano Urges Congress To Stop Student Loan Interest Rates From Doubling

Received this e-mail from Congressman Mark Takano (D. CA-41) regarding student loan interest rates:

As a high school teacher, this time of year has always been bittersweet for me.  The school year is wrapping up, books are being turned in, lockers cleaned out, and California's high school seniors are getting ready to move on to the next step of their education.

Seeing the potential of so many young adults, I am mixed with optimism and concern.  These outstanding individuals can accomplish so much, yet the reality is that they will be faced with crushing student loan debt when they graduate from college.  In fact, on July 1st, student loan rates will double from 3.4% to 6.8% if Congress does not act.